I’ve been following this trader for quite some time. With awe I must say.

He or she was extremely risk averse, they kept their positions small and low leverage. From 98k -> 120k -> 150k -> 9 Million in small steps, small sizes, proportional to their accounts.

Then they lost a bit and went higher leverage, full account balance.

Currently they are 40x 400 BTC Short, -1.5 Million with Liquidation at 74k. The initial positin they opened was 700+ BTC Short, but they’re starting to close at a loss now to keep liquidation away.

It’s pretty crazy, I hope they walk away or make it out. More walk away because I want Bitcoin to pump to the moon obviously 🙂

submitted by /u/obolli [link] [comments]

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