[South Korean Trader Namseokhee Reduces Altcoin Long Positions to 42, MYX Long Position Shows $290,000 Unrealized Loss] BlockBeats News, September 14, according to Binance platform data, South Korean trader NAMSEOKHEE (Namseokhee) has reduced his altcoin long positions to 42. Profits have seen a pullback, with the MYX long position showing an unrealized loss of $290,000. The 7-day yield has now dropped to 261%, with total account profits approximately $332,000. Previously reported on September 8, South Korean trader NAMSEOKHEE (Namseokhee), who had exited after simultaneously going long on 107 altcoins during Binance futures trading and failing in his bet on altcoin season, has made a comeback. From last weekend to this morning, NAMSEOKHEE opened 56 new altcoin long contracts, once again betting on the arrival of altcoin season. This operation turned his overall position from a loss to a profit. His strategy this time is relatively more conservative: for most altcoins, he only opened positions with $300 to $600 in margin, still using 20x leverage on full margin mode, and only increased the margin to $2,500 for a few altcoins he is particularly optimistic about, holding positions indefinitely without taking profits.