Cryptocurrency Trader Achieves Significant Gains Amid Market Volatility

According to BlockBeats On-chain Detection, recent monitoring by CoinBob AI analysis tool reveals that a trader known as 'Calm Order King' has been actively rolling over short positions in Bitcoin (BTC) and Solana (SOL) over the past hour. In the last 20 hours, this address has partially closed some BTC and SOL short positions, reducing the nominal value of BTC shorts by approximately $7.63 million and SOL shorts by about $5.9 million. The current floating profit for BTC shorts stands at $360,000, with a return rate of around 74%. The average holding price is $111,000, and the position size has decreased from $32.24 million three days ago to $9.83 million. SOL shorts show a floating profit of $620,000, with a return rate of approximately 157%, an average holding price of $189, and a position size reduced from $27 million to $7.94 million. The total nominal value of holdings has dropped from $60.68 million to $17.79 million, with realized profits of about $1.81 million. Previously, 'Calm Order King' rolled over BTC and SOL shorts near the $111,000 price level on the 24th, with the account experiencing a floating loss of up to 150% by the 27th. However, the trader continued to add to short positions at high levels, reversing losses to achieve an overall return rate of 108%. The position size once ranked sixth on Hyperliquid's SOL contract holdings. Since the beginning of the month, the trader has increased their initial capital of $3 million to over $20 million, with multiple successful short trades on SOL, achieving single trade profits of $5.1 million and a 100% success rate across 17 trades this month. This has garnered significant attention from the on-chain swing trading community. BlockBeats advises investors to exercise caution as the cryptocurrency market has experienced heightened volatility recently, emphasizing the importance of risk management.