Analysis

Lookonchain Reveals Top 3 Profitable Crypto Traders And SmartMoney

Key Points:

  • According to the Lookonchain report, SmartMoney is currently long on $BTC and $ETH, indicating a possible increase in their value.
  • Analyzing traders’ past performance can provide insight into the current sentiment around $BTC and $ETH.
Lookonchain analyzes the top 3 profitable traders and 1 SmartMoney on GMX. SmartMoney is long $BTC and $ETH, while traders’ earnings and win rates provide insight into their strategies. Past performance can offer insight into the current sentiment around $BTC and $ETH.

Lookonchain has analyzed the top 3 profitable traders and 1 SmartMoney on GMX and has discovered some exciting information. SmartMoney is currently long on $BTC and $ETH, which could be a sign that these cryptocurrencies are expected to increase in value. Additionally, the traders’ earnings and win rates provide insight into their trading strategies.

Trader 1 earned $2,358,345 on GMX but only won 52 times out of 150 trades, with a winning rate of only 34.67%. Despite this low win rate, they are currently shorting $BTC and $ETH with entry prices of $28,033 (BTC) and $1,850 (ETH), respectively.

Trader 2, on the other hand, earned $1,420,115 on GMX and won 55 times out of 78 trades, with a winning rate of 70.51%. They are currently long on $BTC and $ETH with entry prices of $28,090 (BTC) and $1,861 (ETH), respectively.

Trader 3 earned $1,380,206 on GMX and won 98 times out of 170 trades, with a winning rate of 57.65%. Similar to Trader 2, they are currently long on $BTC and $ETH with entry prices of $28,141 (BTC) and $1,859 (ETH), respectively.

SmartMoney has a very high win rate on GMX, having won 216 times out of 240 trades, with a win rate of 90%. They made a total of $65,875 and are currently long on $ETH with an entry price of $1,888.

While these traders’ strategies may not be foolproof, analyzing their past performance can provide insight into the current sentiment around $BTC and $ETH. It will be interesting to see if their positions change in the near future and how that affects the market.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Thana

Coincu News

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

Recent Posts

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

1 hour ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

2 hours ago

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

2 hours ago

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

3 hours ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

3 hours ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

3 hours ago

This website uses cookies.