BlockBeats News, April 8th, Contract Whale "First Set 10 Big Goals" (@Jason60704294) stated that he would share a simple trading strategy: in the absence of extreme news, if the market quickly rises by 5% to 10%, he will short at the current price; if it falls by 5% to 10%, he will long at the current price. This strategy can cover the vast majority of situations, but extreme news and well-known one-way trends should be excluded, focusing on essence over appearance.

This morning, Contract Whale "First Set 10 Big Goals" closed the long positions. According to the shared position chart, the profit was $12.12 million from a 4x leveraged long position on BTC and $728,000 from a 2x leveraged long position on ETH.

BlockBeats reminds users that leverage trading is extremely risky. Caution should be exercised when trying others' trading strategies, and proper position management should be maintained to ensure asset security.