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Whales with an 81% band win rate have incurred a loss of $2.74 million on their $67.18 million ETH and BTC purchases

2025-03-13 08:34

According to the monitoring of Yu Jin, the "Band Whale", which was once known for its high winning rate of 81% in band trading, has undergone a major change in its operating style recently. It has shifted from stable band trading to high-frequency trading and often switches long and short positions multiple times a day. However, this frequent operation did not bring profits and instead performed poorly. At present, the operation of the "Wave Whale" seems to have been suspended. On March 4th, he spent 58.38 million USDT to purchase 679 WBTCs at an average price of 85964 USD, and also spent 8.8 million USDT to purchase 4212 ETH at an average price of 2090 USD. As of now, these positions are in a floating loss state, with a loss of approximately 2.74 million US dollars.

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