Cryptocurrencies

    Trader scores $200 thousand by shorting Bitcoin and Ethereum, QUBE ICO gathers $6.7 million

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    A skilled crypto trader earned a $200,000 profit by shorting Bitcoin (BTC) and Ethereum (ETH) before a major market downturn.

    The trader, utilising the GMX platform, has a history of 46 transactions and a win rate of around 35%, totaling a profit of about $457,000.

    Their trading strategy involves an average leverage of 14x and holding positions for about seven days, with consistent use of stop-loss orders.

    InQubeta's QUBE project, focusing on AI investment in the Web3 space, has raised $6.7 million in its ongoing presale, demonstrating strong community support.

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