Crypto whale says misjudged rally strength after $76,000 short trade

A crypto whale identified as "先定 10 个大目标" said on Aug. 21 that the key mistake in the latest trading cycle was underestimating the strength of the rally, rather than misjudging the medium- to long-term direction. The trader had planned to buy back a previously closed long position with limit orders between 70,500 and 71,500, while placing a short order near 76,000. The lower buy orders were not filled, but the short order executed and the price then climbed above 79,000. Despite the loss on the latest short trade, the whale said current profits remained around 70 million.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.