A trader known for a 100% win rate and low drawdown has partially executed a 20x leveraged Bitcoin long position, with an average entry price of $814,000, currently facing a floating loss of 326%. Of the 100 pyramid-style buy orders placed, 70 have been executed, with the remaining 30 orders set between $680,000 and $693,400. The trader plans to close 70.2% of the position between $840,000 and $868,800.
Since January, the trader has achieved a profit of $260,000 from an initial $50,000, maintaining a win rate above 85%. The strategy involves a pyramidal hedging grid, setting layered long and short orders to capture price differences in volatile markets. Meanwhile, another trader, "Paul Wei," using a similar but more conservative strategy with 2x leverage, holds BTC long positions with a 16% floating loss, planning to exit between $72,700 and $77,000.
High-Stakes Trader Executes BTC Long Orders, Plans Partial Exit at $84,000
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