BlockBeats News, July 16th. The address starting with 0x0422, which placed an order of approximately $2.3 million for CXMT yesterday, is still implementing a Martin-style strategy to build a position in Longxin Storage. After clearing out existing positions, it promptly rearranged four staggered orders, with the order quantity increasing as the price decreased.
The latest opening buy orders are as follows:
- $7.105: 20,000 units, nominal value of approximately $142,100;
- $6.805: 30,000 units, nominal value of approximately $204,200;
- $6.505: 153,846.1 units, nominal value of approximately $1.0008 million;
- $6.050: 161,290.3 units, nominal value of approximately $0.9758 million.
Looking back at the complete operation during yesterday's online phase, this address completed two rounds of CXMT long trades, profiting $105,000:
- First round online bottom fishing: After CXMT appeared with the first 1-minute candle at 09:43 on July 15th (Beijing time), this address placed buy orders for 254,999.7 units at $6 within five minutes. Subsequently, partially filled 44,584.3 units, approximately $267,500, and took profit at the high point between $8.20 and $8.29, with a profit of approximately $98,100, a return of about 36.7%;
- Second round rebound trade: In the afternoon, this address reopened a long position with approximately 21,396.6 units using a Martin-style strategy, with a weighted average cost of around $7.375. After partial fulfillment, it closed the position at $7.70, making a profit of about $6,961.
Address: 0x0422597f4241b4406f7a4d9cd0f65626ec0ad6dc
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