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Against the backdrop of Ethereum (ETH) reaching new highs, a bold investor successfully expanded an initial capital of $740,000 to $6.16 million through continuous leveraged operations, achieving a floating profit of $5.5 million. This investor adopted a high-risk, high-reward strategy, continuously increasing open interest through profits, causing their ETH Holdings to rapidly rise from an initial 4,000 to the current 25,100, with a total Position value of up to $120 million.
The excitement level of this trading method is astonishing. The investor's trading journey can be described as full of ups and downs:
First, he started with $125,000, went long on ETH, and at one point reached a floating profit of $43 million, but then it fell back, ultimately closing with a profit of $6.865 million.
Then, he invested another 6.99 million dollars to go long on ETH, but encountered a market reversal, and the funds shrank to only 780,000 dollars.
In the end, he was unwilling to stop there and once again used $740,000 as capital to continue going long on ETH, finally increasing his funds to the current $6.16 million.
It is worth noting that the investor's current position liquidation price is at $4,666, indicating that their operations still carry considerable risk. While this high-leverage trading strategy may yield significant profits in a rising market, it also faces a huge potential loss risk. For ordinary investors, this trading method may be too aggressive and requires cautious handling.