A leading KuCoin trading account, known as "Old Demon," is currently holding significant long positions in Ethereum (ETH) and Bitcoin (BTC) totaling $30.31 million. The account has a 10x leveraged long position of 7,500 ETH, valued at $15.83 million, with an average entry price of $2,050.71, resulting in an unrealized profit of $462,000. Additionally, it holds a 10x leveraged long position in BTC, comprising 200 contracts valued at $14.48 million, with an average entry price of $73,080, currently facing an unrealized loss of $122,000. Since December 2024, the account has achieved cumulative earnings of $86.6 million, maintaining a historical win rate of 50% and a total return of 3,698%.
Top KuCoin Trader Holds $30.31M Long Position in ETH and BTC
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