I noticed an interesting position held by the top trader known as Old Demon on the Coin platform. The guy has serious longs totaling over $30 million, distributing his capital between ETH and BTC.



On ETH, he executed a classic raid: took 7,500 coins with tenfold leverage (15.83 million dollars), with an average entry price of $2,050. Currently, this is plus $462,000 in unrealized profit. The BTC situation is more interesting — he holds 200 bitcoins worth $14.48 million, but there’s a small loss of $122,000. It seems Demon was betting on a more aggressive rise in Bitcoin.

The most impressive thing is that since the end of December, this trader has earned 86.6 million yuan and ranks first on the platform. With this setup, his historical win rate of 50% and total return of 3,698% seem quite reasonable. Such a trading demon — willing to take risks boldly, but the results speak for themselves.
ETH-3.32%
BTC-1.45%
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