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TechFlow news, according to on-chain analyst Lookonchain, a GMX trader shorted ETH at a high price on July 14 and closed the position after the market crash on August 17, making nearly $1 million in profit. The trader then immediately went long on ETH at an entry price of $1,624, with a current profit of $189,500.
It is reported that this trader has conducted 10 trades on GMX, winning 8 of them, achieving an 80% win rate.
A GMX trader shorted ETH at a high price on July 14 and closed the position after the market crash on August 17, making nearly $1 million in profit. The trader then immediately went long on ETH at an entry price of $1,624, currently realizing a profit of $189,500. According to reports, this trader has conducted 10 trades on GMX, with 8 of them profitable, achieving an 80% win rate.
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