Trader 0xb8b9 Scores $2.3M Profit from 29 BTC Long Trades Despite $2M Unrealized Loss

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to LookIntoChain analytics reported by COINOTAG News on June 20th, trader 0xb8b9 executed 29 consecutive long trades, each yielding profitable returns. The cumulative gains from these trades surpassed $2.3 million, highlighting the trader’s effective market strategy. Presently, the trader maintains long positions in BTC, ETH, SOL, and LINK, with an aggregate unrealized loss exceeding $2 million. This juxtaposition of realized profits against current unrealized losses underscores the dynamic volatility inherent in the cryptocurrency markets and the importance of active portfolio management.

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