Trader Turns $3 Million into $28 Million in Two Months

The investor, nicknamed 'Calm Order King', experienced a steep drop in floating profit to $3.78 million amid market volatility, while holding sizable positions in ETH, BTC, SOL, and UNI.

BTC
ETH
SOL

Summary

The trader known as 'Calm Order King' saw floating profits fall sharply from over $8 million to $3.78 million, a 107% decline, due to increased market volatility. On November 13, the trader held $69.85 million worth of positions in Ethereum (ETH), Bitcoin (BTC), Solana (SOL), and Uniswap (UNI), recording notable gains in ETH and UNI but small losses in SOL.

Terms & Concepts
  • Long Position: A trading strategy where an investor buys an asset expecting its price to rise.
  • Floating Profit: Unrealized gains from open positions based on current market prices.
  • ETH: Ticker symbol for Ethereum, a blockchain platform supporting smart contracts and decentralized applications.