Trader Achieves Remarkable Profits in Cryptocurrency Market

According to BlockBeats On-chain Detection, a cryptocurrency trader known as 'Calm Order King' has demonstrated exceptional precision in recent transactions. The trader's address (0x9b8…) opened short positions on Bitcoin (BTC) and Solana (SOL) last night, resulting in profits nearing $3 million. Two hours ago, the SOL short position was fully closed, showcasing the trader's adept timing in market movements. Over the past 30 days, the trader has accumulated profits exceeding $10 million, consistently applying a strategy of strict profit-taking and loss-cutting, with maximum drawdowns kept under 23% in the last two months. The trader began this month with a principal of $3 million, leveraging opportunities in mainstream cryptocurrencies to grow the account's total assets to $14.349 million, achieving an impressive return. Favoring high-leverage positions in mainstream cryptocurrencies, the trader has maintained a 100% success rate over the past seven days, including a precise short on SOL that yielded over $5.1 million in a single transaction. This performance has made the trader a focal point among active on-chain swing traders. BlockBeats advises investors to exercise caution as the cryptocurrency market has experienced significant volatility recently, emphasizing the importance of risk management.