INSUBCONTINENT EXCLUSIVE:
A little-known crypto trader has turned $6,800 into $1.5 million in profit while accounting for over 3% of maker-side liquidity on a major
Over the past two weeks, the account recorded a trading volume of $1.4 billion and has consistently ranked among the top contributors to the
method can expose the trader to adverse selection, where more informed traders can exploit their quotes
Despite the risk, the small crypto trading prodigy managed to sustain consistent profits while maintaining a maximum drawdown of just
6.48%.Related: ETH ETF flows impress, but Ether futures data suggest traders exercise cautionThe crypto community on X unanimously
tightly risk-managed, possibly market-neutral strategy.The secret behind the profitable crypto tradesThe account benefits from maker
rebates, as evidenced by a -0.0030% maker fee, a typical incentive for liquidity providers on centralized exchanges
Such rebates, combined with high-frequency execution and smart quoting logic, allow the trader to earn profits even before factoring in
price movements.Crypto trader dashboard
Source: hypurrscan.ioThe trading appears to be focused entirely on perpetual futures contracts, with no funds allocated to spot holdings or
This setup is consistent with automated market-making or high-frequency trading strategies, possibly using colocated servers or
latency-optimized execution systems.The trader is currently holding long positions worth $175,000 for the Solana (SOL)/Tether (USDt)
perpetual futures trading pair, while simultaneously maintaining a $20,000 short position on Dogecoin (DOGE).Magazine: North Korea crypto
hackers tap ChatGPT, Malaysia road money siphoned: Asia Express
