According to AiCoin's "Smart Money" tracking, 0x004e... 1bb8 has almost been fighting against BTC's rise since it turned short on August 18th.
As of now, the address has experienced 9 strong draws: 8 for BTC and 1 for ETH, resulting in a loss of over $2.45 million. Combined with active stop loss and other liquidation activities during this period, the address has accumulated a net loss of $4.5473 million.
This morning, the address was hit hard by BTC twice in a row, losing $87200; Immediately add 136.38 BTC empty in the afternoon.
Currently holding a short position of 200.38 BTC, valued at $16.1609 million, with a cost of $79960.5, a floating loss of $138600, and a strong parity of $82677.87.
This time, 0x004e placed orders for a total of 200 BTC on the Stop Market in four tiers ranging from $81200 to $81500, covering the current short position.
After transitioning from a maximum long position to a short position, this address has undergone a continuous cycle of "opening short - stop loss/strong flat - then opening short again". According to statistics, its account has accumulated a loss of 5.8795 million US dollars, with a maximum drawdown of 91.03% in the past 30 days and a winning rate of only 37.04%.
Address: 0x004edCD40360e293e4cf260d2ebdf8c7076c1bb8
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