00s Trader 0xRay518 Lays Ambush with Bitcoin in Bottom Position, Holding a Position of Over $60 Million

BlockBeats News, October 11th, according to HyperInsight monitoring data, Gen Z trader Ray (X: 0xRay518) established a new BTC long position at a price of $111,200 7 hours ago and accumulated approximately 548 BTC through a scaling-in strategy. The current long position of this address is approximately $61.81 million. The account is currently experiencing a floating loss of $1.56 million. Previous trading records show that Ray made a profit of $6 million with only $240,000 in principal within a month, with a single-day highest profit record of $5.92 million USDC.

BlockBeats reminds investors that the recent cryptocurrency market has seen significantly increased volatility, and investors need to pay attention to risk management.