A trader lost $2.387 million in swing trading WBTC over the past 50 days
According to a report by Jinse Finance, Lookonchain monitoring shows that trader 0x5966 has conducted four swing trades with WBTC over the past 50 days, three of which ended in losses, resulting in a total loss of $2.387 million. If he had bought 54 WBTC (worth $5.18 million) at $96,152 each on May 1 and held onto them, he would now have made a profit of $483,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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