「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%.

On October 29th, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), in the past 7 hours, the "Calm Down Short King" established a short position on BNB with an average price of $1085 before today's market correction, and the nominal value was $1.6 million. Furthermore, at 2 am today, the address added to its short position in BTC at $115,100, and the average price increased to $112,000; at the same time, it added to its short position in SOL at $200, and the average price increased to $191. According to monitoring, on the 24th, the address rolled over its short positions in BTC and SOL near $110,000. By the 27th, the overall floating loss of the account once reached 150%. In the past two days, it has continuously added to its short positions at short-term highs and added positions in a counter-trend manner. 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. A single trade profit was $5.1 million. The monthly success rate is 100%. Now, they are receiving attention from the on-chain swing trading community. BlockBeats reminds investors that the recent volatility of the cryptocurrency market has significantly intensified, and investors need to pay attention to risk control.