Two pyramid strategy BTC traders experience significant pullback in long positions

On February 24th, Coinbob's popular address monitoring showed that two BTC traders on the Hyperliquid platform who use pyramid position management mode have recently experienced significant pullbacks in their long positions. Trader '100% win rate low drawdown' (address 0x721) holds 20 times leveraged BTC multiple orders, with an average price of $77500 and a loss of 452%. The liquidation price is $55700. In the past half hour, the address has placed 30 buy orders in the range of 62500 to 62900 US dollars, accounting for about 10% of the total funds. The plan is to reduce the position slightly after BTC rebounds to 69500 US dollars. Trader 'Paul Wei' (address 0xdae) holds multiple BTC orders with 3x leverage, with an average price of $75400 and a loss margin of 57.6%. The liquidation price is $22200. The address set a profit taking range for pending orders on February 15th, and currently has a remaining buying range of 46500 to 61100 US dollars. It plans to close about 70% of its position when BTC rises to the range of 71500 to 77800 US dollars. Both adopt an interval pyramid position management model, which utilizes a progressive layout of long and short positions and profit taking to capture volatile price differentials for profit.