Interestingly, the big player who frequently manipulates on the chain recently ran into trouble. The day before yesterday, they finally closed out their long positions on BTC, SOL, and ETH that they had held for a long time, making a profit of $3.12 million. This was their only profitable opportunity in the past seven days. But then they changed their mind—directly switching to a long position, now holding a $294 million multi-coin long position.
Unfortunately, luck is not on their side. Currently, this long position is showing an unrealized loss of $105,800. Over the entire cycle, the total loss for this address has approached $20.54 million within a week. From stop-loss to liquidation, from profit to loss, the market's fluctuations are truly unpredictable.
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CryptoGoldmine
· 11h ago
This guy is truly a textbook reverse indicator. He only closed a $3.12 million loss for the week and immediately threw $294 million into the long position, now already floating losses in the millions.
From an ROI perspective, this is because there is no effective power-to-earnings ratio evaluation system in place, relying purely on gut feeling for trading.
The problem is, why rush to go long after closing the short positions? Isn't that chasing the high and selling the low?
The key issue is the weekly loss of $20.54 million. Looking at the entire cycle, it actually just indicates that there are no real signals for entry—just guessing blindly.
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MeltdownSurvivalist
· 11h ago
Made 3.12 million and immediately went all-in on the long side. This is truly a classic case of "taking profits too early and not learning," and losing over 20 million is well-deserved.
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NFTRegretful
· 11h ago
Made 3.12 million and then lost it all. This guy really knows how to "enjoy" the market. Over 20 million in a week just disappeared like that.
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GateUser-2fce706c
· 11h ago
I've said it before, this wave of repeated tests is all about mindset. A loss of over 20 million yuan is right here, what does it indicate? It shows that the overall trend hasn't been grasped correctly. I mentioned three years ago that at critical moments, never make reckless changes, but this guy just stepped into that trap.
It's not too late to enter now, but you must understand the market's development logic. When others are fearful, I am greedy. This wave of pullback might be the best opportunity to get on board. Don't miss out, everyone.
On-chain big players can also flip, so we must maintain our mindset and plan for the long term. Three core points—first, observe the trend; second, control risks; third, don't chase highs. Time waits for no one, so seize the moment to understand the situation.
Look at this matter, ultimately it's still greed. Making 3.12 million yuan should be taking profits, but instead, they wanted to gamble on a 294 million yuan bullish trend, and then—bang—they lost it all. This lesson is worth 20 million yuan.
Honestly, those still debating short-term rises and falls haven't opened up their thinking. The overall trend is right here.
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digital_archaeologist
· 12h ago
Made 3.12 million and went all in on a long position? This guy is really brave, just a bit too brave.
Interestingly, the big player who frequently manipulates on the chain recently ran into trouble. The day before yesterday, they finally closed out their long positions on BTC, SOL, and ETH that they had held for a long time, making a profit of $3.12 million. This was their only profitable opportunity in the past seven days. But then they changed their mind—directly switching to a long position, now holding a $294 million multi-coin long position.
Unfortunately, luck is not on their side. Currently, this long position is showing an unrealized loss of $105,800. Over the entire cycle, the total loss for this address has approached $20.54 million within a week. From stop-loss to liquidation, from profit to loss, the market's fluctuations are truly unpredictable.