Trader with 100% Win Rate and 1% Drawdown Earns 5 Times Capital Annually, Watching BTC Short Trigger at 90,200 USD with Paul Wei

According to Coinbob's popular address monitoring, an address starting with 0x721 has accumulated profits of 272,000 USD with a capital of about 50,000 USD since January this year, completing 82 opening and closing trades with a monthly win rate and total win rate both exceeding 80%, with a weekly win rate of 100% and only 1% drawdown. The address currently holds a 20x leveraged BTC short position with an average price of 89,300 USD, with a floating profit of 44%. In the past hour, it has placed about 100 buy orders, lowering the range to 80,000-87,000 USD, and plans to switch from short to long when the price drops to 86,383 USD (reaching the 11th buy order). Meanwhile, it has 100 sell orders in the range of 90,200-94,200 USD, with 4 orders already executed. The address's trading style leans towards a pyramid hedging grid strategy: layering long and short orders within a set price range, gradually building positions and taking profits in a pyramid manner, profiting from oscillating price differentials through repeated trades, rather than betting on a single direction. Renowned trader Paul Wei, who uses only 2x leverage to achieve stable returns, has reached a consensus with the address on the short trigger area. Currently, his BTC long position is floating at a loss of about 3.2%, occupying about 9% of total funds, with most funds still in pending orders. His long and short order trigger range has been adjusted to 84,600-90,200 USD. Since November 16, the trader has accumulated profits of 3,100 USD.

Related Articles