According to blockchain data analyst Ai Yi around 3 PM today, the cryptocurrency trader who previously used a rolling warehouse strategy to long $ETH with $125,000 and reached a maximum floating profit of $42.98 million, has now completely closed his position during today's market decline, still earning $6.86 million, but with a profit pullback of 84%.
$125,000 earned $6.865 million, with profits pulled back 84% from the highest point of $42.987 million, with a final four-month return of 53.92 times
This is the final performance of a small-capital rolling warehouse long trader of 767,450 $ETH, two minutes ago, his 76,000 ETH long position was fully cleared
Rolling warehouse is deadly, but fortunately he still made money and exited
Rolling Warehouse Trading God on a Roller Coaster
It is understood that the trader transferred funds from ChangeNOW and Kucoin to Hyperliquid in April, buying at ETH's annual low of $1,490, and subsequently continuously expanding his position through "profit-added position" method, with floating profits once reaching $42.98 million.
However, during the recent market downturn, especially today, the trader's profits began to significantly pullback. According to Ai Yi's monitoring this afternoon, within just 24 hours, the trader's floating profits pulled back by $15.78 million, like riding a roller coaster.
Community Debates on Rolling Warehouse Trading Strategy
Regarding this trading mode, after seeing the trader's significant profit pullback, many community members believe that rolling warehouse is only suitable for unidirectional market trends, and positions could be quickly consumed once the market fluctuates significantly. Some also stated that rolling warehouse never ends well, with many traders like China's Liang Xi and foreign James Wynn ultimately ending in defeat. Some netizens expressed regret, saying if the market had continued its upward trend, this trader would have created a legendary profit of A9 dollars from $125,000...
However, some argued that the trader still earned millions in profit, which is not without harvest. Others defended that while the rolling warehouse method is indeed high-risk, it can quickly create wealth when trend judgment is correct, and is not entirely useless...
But Block reminds readers that cryptocurrency is more volatile than traditional assets, and any trading method may cause losses. Investors should be careful, not blindly imitate, and do their own research.
Further Reading: From Going Broke to Making a Comeback: A Trader's Six-Year Journey of Experience and Lessons
