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Home»Analysis»Top Performing Traders Positioning Themselves Long on Bitcoin (BTC) and Ethereum (ETH): On-Chain Data
Analysis

Top Performing Traders Positioning Themselves Long on Bitcoin (BTC) and Ethereum (ETH): On-Chain Data

2023-04-10No Comments2 Mins Read
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One of the best-performing merchants on decentralized change GMX are going lengthy on Bitcoin (BTC) and Ethereum (ETH) whereas a lot of the market hesitates with uncertainty.

In keeping with blockchain monitoring agency Lookonchain, three of essentially the most worthwhile merchants on GMX are at the moment lengthy on BTC and ETH.

Lookonchain says one of many merchants with a 70% win charge went lengthy on Bitcoin at $28,000 and Ethereum simply above $1860.

“This dealer earned $1,420,115 on GMX however he traded 78 occasions and gained 55 occasions, with a profitable charge of solely 70.51%. He’s at the moment lengthy BTC and ETH with entry costs of $28,090 (BTC) and $1,861 (ETH) respectively.”

Image
Supply: Lookonchain/Twitter

The agency says one other high-performing dealer positioned themselves lengthy at comparable worth factors.

“This dealer earned $1,380,206 on GMX however he traded 170 occasions and gained 98 occasions, with a profitable charge of solely 57.65%.

He’s at the moment lengthy BTC and ETH with entry costs of $28,141 (BTC) and $1,859 (ETH) respectively.”

Image
Supply: Lookonchain/Twitter

A 3rd dealer with a incredible 90% win charge, in line with Lookonchain, went lengthy on Ethereum at $1,888.

“This dealer has a really excessive win charge on GMX, traded 240 occasions, and gained 216 occasions, with a win charge of 90%.

He made a complete of $65,875 and at the moment lengthy $ETH with an entry worth of $1,888.”

Image
Supply: Lookonchain/Twitter

At time of writing, Bitcoin is buying and selling for $28,442 whereas Ethereum is priced at $1,860.

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