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"30 consecutive long failures, repeatedly fighting" in the afternoon, cut losses on FARTCOIN longs, and rolled over to increase FET longs by approximately $462,000.
BlockBeats News, January 12 — According to Hyperinsight monitoring, the address marked as “30 times of repeated long failures” (0x8d0E) rolled over its FET long positions during midday, increasing its holdings by approximately 1.41 million FET, worth about $462,000. After the rollover, the total FET long position of this address rose to $2.314 million, with a current unrealized profit of about $47,200 and a return rate of 10.21%. Subsequently, it closed all its FARTCOIN long positions, which previously amounted to approximately $1.255 million.
This address is known for high-frequency, aggressive long trading. Since the market downturn in October last year, it has repeatedly engaged in intraday long operations, with over 30 open positions accumulated by December, generally showing a “big loss, small profit” loss pattern.