Lookonchain Reveals Top 3 Profitable Crypto Traders And SmartMoney

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.

5/ Trader: https://t.co/wn6O7ea6iE

This trader has a very high win rate on #GMX, traded 240 times, and won 216 times, with a win rate of 90%.

He made a total of $65,875 and currently long $ETH with an entry price of $1,888. pic.twitter.com/xMi1PNgDDI

— Lookonchain (@lookonchain) April 10, 2023

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.

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