"30 long to buy on the whale, but persistent efforts" ended the curse of losing money on every trade, with long positions yielding approximately $400,...

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A whale that made over 30 long trades with mostly losses finally turned a profit, earning $400k on ETH and SOL positions. Despite a 27% weekly win rate and $5.32M in monthly losses, the account holds $13.7M.

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Smart ContractsSolana EcosystemSEC Security Tokenwhalelong positionsETHSOLprofit
According to Mars Finance, on November 20th, HyperInsight monitoring showed that in the past two hours, a whale (0x8d0) that long more than 30 times since the beginning of the month, mostly resulting in losses, opened a long position in ETH at $3021, with a holding size of approximately $15.11 million. In addition, this whale closed its previously opened long positions in ETH and SOL today, making a small profit of approximately $400,000. This address has been frequently going long on multiple cryptocurrencies intraday since November 3rd, with a weekly win rate of 27%. Monthly losses once reached $6.7 million, but have now narrowed slightly to $5.32 million, with the current account balance still at $13.7 million.

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