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From 'Volume Washing' to 'Trend Riding Short': Pacifica Trader Doubles Investment, Simultaneously Earns Platform Points
BlockBeats News, December 16th, according to referral=pacbot" target="_blank">Pacifica Official Data, since the launch of the Pacifica Points event, many traders have been attracted to open positions on the Pacifica platform, seeking market returns while accumulating points. In the early stages of incentives, the active addresses on the trading leaderboard were mostly focused on volume boosting. Traders accumulated trading volume by shorting relatively weaker coins and longing relatively stronger coins, without focusing on market direction.
Recently, with the market downturn, some coins previously seen as "relatively strong" experienced significant declines. As a result, some volume-boosting traders on the leaderboard suffered losses. Against this backdrop, traders have started to primarily short mainstream coins such as BTC and ETH to boost their trading volume, aligning with the market trend. The current holdings of profit leaderboard addresses show that volume-boosting addresses are more inclined to bullish positions on BNB and ZEC, while they have significant long-short divergences on coins like ETH and HYPE.
A high-frequency trader's address (HCAKp) opportunistically shorted the market and still holds short positions on ETH, BTC, and XRP, with an overall floating return rate of nearly 200%. In addition, this address has been actively trading since October, has already doubled its principal, realized profits of about $44,000, and simultaneously achieved a trading volume of approximately $10.7 million. Based on analysis by user Ron (Ron's account Ron521520) on X exchange, this address could accumulate about 4,200 points based on this trading volume.
Users can now use the on-chain data analysis and copy trading tool specially designed for Pacifica, Coinbob Pacifica (@CoinbobPAC_bot), to copy the trades of high-frequency traders, replicate their trading strategies, and simultaneously earn trading points, preparing for potential airdrop opportunities.
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