「Cool-headed Whale」 initiated a high-level averaging down short position, with a position size reaching $79.7 million. In two days, managed to reduce floating losses from 150% to 27%.

BlockBeats News, October 29th, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), in the past 7 hours, the "Calm Down Short King" established a short position on BNB at an average price of $1085 before today's market correction, with a nominal value of $1.6 million. Additionally, at 2 am today, the address added to its BTC short position at $115,100, with an average price increase to $112,000; at the same time, it added to its SOL short position at $200, with an average price increase to $191.

According to monitoring, the address rolled over its BTC and SOL short positions near $110,000 on the 24th, and by the 27th, the account's overall floating loss once reached 150%. In the past two days, it has continued to add to its short positions at short-term highs, counter-trend adding to positions. The current floating loss has narrowed to 27%, and the total nominal value held has increased from $35 million to $79.7 million.

Since the beginning of this month, the trader has grown their initial $3 million capital to over $20 million. They have accurately shorted SOL multiple times, with a single trade profit of $5.1 million, a monthly success rate of 100%, and are now receiving attention from the on-chain swing trading community.

BlockBeats reminds investors that the recent cryptocurrency market volatility has significantly intensified, and investors need to pay attention to risk control.