Korean Trader Nam Se-hee Closed Most Long Positions, Turning All Profitable Trades into Losses

BlockBeats News, September 16th. According to crypto KOL AB Kuai.Dong, South Korean trader NAMSEOKHEE, who had opened long positions on over 60 meme coins during the previous meme season, has just closed all of his long positions, leaving only one ENA long position remaining (currently with a floating loss of $109,000).

Previously, he had gained a $712,000 profit a week ago through this strategy. Due to his firm belief that the meme season was about to arrive, he chose not to close most of his positions, resulting in all profitable positions eventually turning into losses.