BlockBeats News, October 17, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the savvy money address "HYPE Needle Master" (0x6f1) placed approximately a hundred PAXG short orders in the $4500 to $5000 range 4 hours ago and concurrently placed over a hundred HYPE long orders in the $28 to $35 range, executing a bi-directional layout to capture the "needle point."
According to monitoring, this address follows a typical high-frequency quant-style, excelling in opening reverse orders through needlepoint in small to medium fluctuations and closing arbitrage positions within minutes to tens of minutes, frequently engaging in multiple reverse orders within an hour. Its strategy revolves around HYPE as the core target, supplemented by assets like PAXG, having completed a total of 145 transactions in the past month, realizing profits exceeding $1.1 million.
Simultaneously, this address has remained consistently active since April 2024, exhibiting an extremely high win rate while operating at a high frequency, with a weekly win rate of 90.48% and a monthly win rate of 89.66%. Its pace of operation is rapid, with holding periods mostly at the minute level.
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