BlockBeats News, July 21st, the contract whale "Setting 10 Big Goals First" posted, stating that in the previous round, they used 150 BTC to establish a position with a target of $150 million. The highest realized profit was $120 million. However, they miscalculated the direction during a drop to $120,000, and all profits were wiped out in the end, only managing to retain the principal and a slight profit.
In this round, they used 300 BTC to establish a position with a target of $300 million, and they have currently realized a profit of $60 million.
The "Setting 10 Big Goals First" later added that rules are constantly being established, and habits are constantly forming. Learning from the lesson of wiping out all profits in the last round, they have rigorously adopted risk control discipline and other habits. They can miss opportunities, misjudge the market, but they refuse to be swept away by any single move.
This morning, they shared a 4x leveraged long position on Bitcoin, with an average entry price of $63,827.06. Their current long position is approximately 2,358.05 BTC, equivalent to $150 million. With BTC breaking through $66,000, their unrealized gains may expand to $5.15 million.
