On February 2nd, a trader renowned in the crypto space for their outstanding performance in high-frequency trading—commonly known as the “20 Million Band Hunter”—executed a strategic position adjustment. According to data from BlockBeats, this active trader closed profits on their BTC short positions, demonstrating the decisive decision-making style of a professional trader.
Details of the Position Adjustment
The trader reduced their short position by 29.24 BTC, equivalent to approximately $3.02 million. After this operation, their total BTC short position decreased to a total of $18.79 million. During this adjustment, the average entry price slightly declined from $81,539.30 to $81,254.10, reflecting a gradual build-up strategy.
Profit and Risk Management
The current unrealized profit stands at about $1.44 million, with a return rate of 84.34%, indicating the trader’s ability to seize the right timing during this round of trading. The liquidation price is set at $117,063.41, leaving ample room for subsequent risk management. These data points suggest that this distinguished trader employs a rigorous risk control system in their position management.
Trading Style and Historical Achievements
This active trader is known for high-frequency band trading across multiple cryptocurrencies, with an average holding period of approximately 20 hours, showcasing typical short-term trading characteristics. Notably, their recent capital accumulation ability is impressive—since October last year, they have expanded their initial capital of about $20 million to nearly $100 million in profit, demonstrating exceptional trading decision performance.
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Trader’s Outstanding Technique: Tactical Adjustment of BTC Short Positions
On February 2nd, a trader renowned in the crypto space for their outstanding performance in high-frequency trading—commonly known as the “20 Million Band Hunter”—executed a strategic position adjustment. According to data from BlockBeats, this active trader closed profits on their BTC short positions, demonstrating the decisive decision-making style of a professional trader.
Details of the Position Adjustment
The trader reduced their short position by 29.24 BTC, equivalent to approximately $3.02 million. After this operation, their total BTC short position decreased to a total of $18.79 million. During this adjustment, the average entry price slightly declined from $81,539.30 to $81,254.10, reflecting a gradual build-up strategy.
Profit and Risk Management
The current unrealized profit stands at about $1.44 million, with a return rate of 84.34%, indicating the trader’s ability to seize the right timing during this round of trading. The liquidation price is set at $117,063.41, leaving ample room for subsequent risk management. These data points suggest that this distinguished trader employs a rigorous risk control system in their position management.
Trading Style and Historical Achievements
This active trader is known for high-frequency band trading across multiple cryptocurrencies, with an average holding period of approximately 20 hours, showcasing typical short-term trading characteristics. Notably, their recent capital accumulation ability is impressive—since October last year, they have expanded their initial capital of about $20 million to nearly $100 million in profit, demonstrating exceptional trading decision performance.