List of Flash News about catching the bottom strategy
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2025-06-06 00:16 |
Whale Loses $17.08M Profit After 'Catching the Bottom' on BTC and ETH Post-Liquidation – Crypto Trading Impact Analysis
According to @EmberCN on Twitter, a well-known whale who previously profited by opening long positions in BTC and ETH immediately after James Wynn's positions were forcibly liquidated, suffered significant losses this time. Roughly two and a half hours ago, the whale closed out their positions, giving back $17.08 million in profits. This trader had twice attempted to capitalize on post-liquidation volatility by buying heavily after James Wynn's forced liquidations (source: @EmberCN). This high-profile loss highlights the risks of 'catching the bottom' strategies in volatile crypto markets. Traders should note that liquidation-based entries can backfire during extreme market conditions, impacting both BTC and ETH price stability and influencing short-term sentiment. |