Odaily News According to monitoring by Ember, the "Swing Whales", which were previously famous for their 81% swing trading win rate, have recently undergone a dramatic change in trading style, from steady swing trading to high-frequency long-short switching, but this strategy did not bring the expected returns, but instead fell into losses.
As of now, the whale seems to have suspended operations. On March 4, he spent 58.38 million USDT to buy 679 WBTC at an average price of $85,964, and spent 8.8 million USDT to buy 4,212 ETH at an average price of $2,090. However, this part of the position currently has a floating loss of about $2.74 million.