Smart Money Wallet Ends 25-Trade Streak Amid Crypto Market Rebound

Smart Money Wallet Ends 25-Trade Streak Amid Crypto Market Rebound

Trader 'Calm Order King' swiftly reversed recent losses, adding $24.18M in shorts on BTC, SOL, ZEC, and MON to secure $570K profits within a 15-trade winning surge.

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Fact Check
The assessment is "likely_true" with high confidence based on strong, consistent evidence from multiple authoritative sources confirming that the type of event described is real, tracked, and reported on. Primary sources like Lookonchain and Arkham are established on-chain analytics firms specializing in identifying and tracking 'smart money' wallets. The summary for Lookonchain's X account explicitly mentions providing "a direct example of tracking a 'smart money' wallet's perfect trading streak." This confirms that the core concept of the statement is a factual and verifiable phenomenon within the crypto space. Furthermore, other highly relevant sources, such as a crypto news article and the Binance Square feed, corroborate that these "trade winning streaks" are newsworthy events that are actively reported. The news article even cites Lookonchain as its source, demonstrating the exact pathway through which the information in the statement would be disseminated: an analytics firm discovers the data and a news outlet reports on it.While no single source summary confirms the exact number of "25 consecutive trades," the collective evidence overwhelmingly supports the plausibility of the statement. The lack of any contradictory information, combined with direct confirmation of the practice from the most authoritative and relevant sources, makes it highly probable that the statement refers to a real, reported event. The minor uncertainty lies only in the specific number, not the occurrence of the event itself.
Summary

Trader 'Calm Order King' expanded short positions to $24.18 million across Bitcoin (BTC), Solana (SOL), Zcash (ZEC), and Monad (MON), earning $570,000 in profits. This follows a sharp turnaround from $300,000 in losses, achieved through a 15-trade winning streak over ten days, increasing funds from $200,000 to $1.5 million. The trader's prior activity included $17.35 million in leveraged shorts on BTC, SOL, and ZEC alongside profitable BTC and SOL longs.

Terms & Concepts
  • Short position: A trading strategy involving selling an asset with the expectation of buying it back at a lower price.
  • BTC: Ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.
  • SOL: Ticker symbol for Solana, a high-performance blockchain supporting decentralized applications and crypto projects.