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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Source: https://en.coinotag.com/breakingnews/trader-0xb8b9-scores-2-3m-profit-from-29-btc-long-trades-despite-2m-unrealized-loss/