「Cool-headed Sol King」 closed SOL and BTC positions, realizing gains of $3.6 million, and doubled down on a BTC short position

BlockBeats News, October 23. According to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), monitoring data shows that in the past hour, the "Calm Whale" increased its BTC short position near the $110,000 price level, adding about $3.85 million to its position. Currently, the BTC short position of this address has reached about $12.42 million, with an average entry price lowered to $112,100, and a floating profit rate still exceeding 100%.

According to monitoring, this address has been continuously closing BTC and SOL short positions today to realize profits, with a total profit of $3.63 million realized so far. The main positions currently held are: 20x SOL short $23.05 million and 40x BTC short $12.42 million.

This trader has grown their initial $3 million capital to over $20 million since the beginning of this month. With multiple accurate SOL shorting trades, a single trade profit reached $5.1 million, a monthly win rate exceeding 90%, and now has attracted the attention of the on-chain swing trading community.

BlockBeats reminds investors to be cautious, as the recent cryptocurrency market has seen a significant increase in volatility, highlighting the need for risk management.