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I just saw on Lookonchain, there is a pension-USDT.eth trader who opened a 3x leverage long position of 1,000 BTC last night. With BTC's current price at $77.98K, this position is worth around $77.98 million. Interestingly, the unrealized gain has already reached $970K within hours.
What’s more impressive is this trader’s track record since early March. He has been consistently profitable 10 times in a row without a single loss. His total winnings have reached $27.22 million with an 85% win rate. That’s not an ordinary figure, especially in leverage trading which is usually full of liquidation risk.
Curious how he manages risk well in a market as volatile as now. Conversion from ETH to USDT or other pairs seems to be no problem for a trader at this level. Worth monitoring to see if this streak will continue or if a correction is coming.