A high-profile trading account known for its "100% winning rate with low drawdown" has fully executed its BTC short positions with 20x leverage at an average price of $919,000, currently facing a 36% floating loss. The account, which employs a pyramid-style hedging grid strategy, has placed approximately 100 buy orders between $800,000 and $870,000, planning to cover shorts and go long at $82,000.
The account has achieved a profit of $260,000 from an initial capital of $50,000 since January, with a winning rate exceeding 80% across 82 trades. Meanwhile, trader Paul Wei, using a similar strategy with 2x leverage, has adjusted his BTC long and short order ranges to $89,700-$94,800, realizing a 10% gain on his long position with partial profits taken today.
High-Leverage BTC Short Positions Executed, Traders Eye $82,000 for Long Entry
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