Shorting new coins for quick profit? This trader lets the data speak

Question

【Blockchain Rhythm】 Traders are playing tricks again. Address 0x26359 has been active lately—today, they opened a 1x short position, directly投入 over 222,000 MEGA tokens, with the entry price pegged at $0.214. Currently showing an unrealized profit of over $5,700, with a liquidation price set at $0.3669. It sounds like the risk isn’t high, after all, the leverage is kept low.

Even more outrageous is this guy’s track record. Recently, he shorted MON, LIT, and FOGO, earning over $40,000 in one round. It seems this person is a new coin hunter, specifically targeting newly launched projects, taking advantage of high volatility to strike. Such operations are considered routine among professional traders, but the risks are obvious—new coins often have poor liquidity, few counterparties, and a black swan event could lead to liquidation instantly.

UnluckyLemur · Accepted Answer

Claiming to be a hunter with just over 40,000? Wait until the black swan arrives before bragging.

TokenStorm · Answer

Leverage 1x short still made 5700? I need to calculate this guy's risk factor. Such poor liquidity for a new coin... Anyway, I can't understand this kind of conservative operation.

The recent $40,000 trading record sounds impressive, but my greatest respect for new coin hunters is—surviving and exiting counts as a win.

Liquidation price at 0.3669, with such a small margin from the entry point, one bearish candle and it's over. Isn't this just betting on black swan events that can't be predicted?

I've seen this kind of tactic before. On-chain data shows that whale addresses are becoming active again. Are we small retail investors about to be harvested? But I’ve seen through everything long ago.

Poor liquidity in new coins is a hard flaw that can't be fixed. Fewer counterparties mean what you think—one big order can break through. This brother's record is mostly due to luck.

ForkPrince · Answer

This guy's luck is okay, but if I bet 5 bucks, I'll definitely get liquidated next time. Shorting new coins is playing with fire; once liquidity dries up, it's GG.

UnruggableChad · Answer

No way, you can make $5,700 by shorting 1x? This guy's luck is just too outrageous. New coin hunter is just a fancy way of saying gambler.

LiquidationOracle · Answer

Wow, this guy is making money again? A new coin sniper, huh? He's bound to crash sooner or later.

MetaMisfit · Answer

Damn, this guy really dares to play. Shorting a new coin and making 40,000? I need to keep an eye on this address. Should I copy the trade...

SingleForYears · Answer

$40,000 and you dare to call yourself a new coin hunter? When the black swan arrives, you'll still be wiped out.

Shorting new coins for quick profit? This trader lets the data speak

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