8-game losing streak "Super Anti-finger" address and then make a move, can it usher in the first victory in the near future?
Originally Posted by Babywhale, Foresight News
Originally Posted by Babywhale, Foresight News@EmberCNStarting from April 29th, the address starting with 0x 0 b 89 was tweeted by data analyst Ember () repeatedly mentioned that this address has repeatedly carried out short-term operations in the past month from April 29 to the present, and the amount of each purchase is as high as one million US dollars. But this one is called by Ember"Short-term God of War"
None of the 8 rounds of operations (buy and sell) made a profit in the past month, and the loss exceeded 540,000 US dollars.
During this period of time, the address has operated a total of four tokens, BLUR, 1INCH, ARB, and ETH. The specific buying and selling conditions are as follows:
At around 13:10 on April 29, 761,335 BLURs were bought at a cost of about US$528,000. It was sold around 10:15 on May 1, with a loss of about 17,000 US dollars.
At around 18:00 on April 29, 1,107,898 1INCHs were bought at a cost of about US$559,000. It was sold around 10:15 on May 1, with a loss of about $20,000.
At around 22:00 on May 5th and 0:00 on May 6th, a total of about 1964 Ethereum was purchased, costing about $3.923 million. It was sold around 21:00 on May 6, with a loss of about US$191,000.
In addition, this friend seems to have a soft spot for ARB. From May 4th to May 19th, he conducted 5 rounds of ARB operations.
First of all, "Super Reverse Index" bought about 1.477 million ARBs in two installments around 9:30 and 18:40 on May 4th, costing about 2 million US dollars, and sold them all within half an hour after 23:30 on the same day out, with a loss of over US$50,000;
Afterwards, the address bought about 1.49 million ARB on May 5, spending about $1.9955 million. It was sold the next day for a loss of about $116,000.
On May 13, this address bought about 1.544 million ARBs, costing about $1.812 million. This purchase was the longest holding in a month, and it was not until May 16 that he reluctantly cut the meat, with a small loss of 22,000 US dollars.
On May 17, the address once again "buy high and sell low" within the day, with a loss of nearly $70,000.
The most recent time, the address bought nearly 1.076 million ARBs for about 1.303 million U.S. dollars on the 18th and cut the meat again the next day, with a loss of about 54,000 U.S. dollars.
Looking at the transactions at this address for nearly a month, BLUR, 1INCH, and ETH all had the opportunity to make a profit, but this person all got a loss abruptly. On the other hand, ARB is almost bought at the short-term high point and sold at the low point.
This story tells us that trading against the trend is not advisable.
Just at noon today, the address sold again, spending about US$1.15 million to buy about 1.004 million ARBs at an average price of US$1.145. As of the time of writing, the transaction is still floating around 2%. ARB needs to gain at least 50% or more if the person wants to break even with this deal.
