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AI Tool Tracks Trader 'Lightning Wave Hunter' Netting $46M Weekly Profits

CoinBob's AI system identifies a high-frequency swing trader with a focus on PAXG short positions and HYPE long orders, achieving a high win rate and significant monthly profits.

HYPE
PAXG

Summary

CoinBob's on-chain AI tracked a trader using the address 'HYPE 接针大师', executing around 100 short orders on PAXG and 100 long orders on HYPE. The trader, employing a high-frequency quantitative strategy, achieved a monthly profit of over $1.1 million with a 90% weekly win rate and an 89.66% monthly win rate since April 2024.

Terms & Concepts
  • PAXG: PAXG is a tokenized version of gold, where each token is backed by one ounce of gold held in reserve.
  • Short Orders: A short order refers to the act of selling an asset that the trader does not own, with the intention of buying it back at a lower price for profit.
  • High-Frequency Trading: A trading strategy that uses advanced algorithms to execute a large number of orders at high speed, often holding positions for short durations.