The whale, with a wave band winning rate of 81%, who purchased $67.18 million worth of ETH and BTC, has already lost $2.74 million
According to the residual ash monitoring, the "Band Whale", once known for its high band trading win rate of up to 81%, has recently changed its operating style dramatically, switching from its previous steady band to high-frequency trading, often switching long and short positions multiple times within a day. However, this frequent operation did not bring profits but performed poorly.
At present, the "Band Whale" seems to have temporarily stopped operations. On March 4th, he spent 58.38 million USDT at an average price of 85,964 USD to purchase 679 WBTCs and spent another 8.8 million USDT at an average price of 2090 USD to buy 4212 ETHs. As of now, these positions are in a floating loss state with a loss of about $2.74 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Crypto prices
More
