Two major pyramid strategy BTC traders experience significant drawdowns in long positions, "Paul Wei" placed buy orders between $40,600 and $61,100.

MarsBitNews · 2026-02-24T05:05:55+00:00

Mars Finance reports that two traders at Hyperliquid are facing significant drawdowns in their BTC long positions. The high-leverage trader with a "100% win rate and low drawdown" has incurred a loss of 452%, while the more conservative "Paul Wei" has a loss of 57.6%. Both employ a pyramid position management strategy to profit within a specified price range.

MarsBitNews

2026-02-24 05:05:55

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Mars Finance News, February 24 — According to Coinbob’s popular address monitoring, two traders on Hyperliquid using pyramid position management strategies, “100% Win Rate Low Drawdown” (0x721) and well-known on-chain trader “Paul Wei” (0xdae), have recently experienced significant drawdowns in their BTC long positions.

The “100% Win Rate Low Drawdown” trader favors high leverage and narrow-range position management. Currently holding a 20x leveraged BTC long position with an average entry price of $77,500, their loss has reached 452%, with a liquidation price of $55,700. In the past half hour, this address placed 30 new buy orders between $62,500 and $62,900, accounting for about 10% of their total funds, and plans to reduce some positions if BTC rebounds to $69,500.

“Paul Wei” adopts a more conservative position management style. He currently holds a 3x leveraged BTC long position with an average entry price of $75,400, a loss of 57.6%, and a liquidation price of $22,200. This address set a take-profit range on February 15. Remaining buy orders are between $46,500 and $61,100, with plans to close about 70% of the position if BTC rises to between $71,500 and $77,800.

Both traders employ a range-based pyramid position management model: within a defined volatility range, they incrementally build long and short positions and set take-profit points, aiming to profit from oscillating price differences rather than using martingale strategies or betting on a single trend.

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