The top-ranked real trading account on Bicoin is currently holding a long position worth $30.31 mill

Mega-Whale 'Old Demon' Opens $30M Long Position on ETH and BTC with 10x Leverage

A top trader on the Biquan platform is making some serious moves. According to on-chain analyst @ai_9684xtpa, the account "Old Demon"—currently ranked #1 for real-time profits—has just opened a massive long position on Ethereum and Bitcoin, totaling over $30 million. And yeah, he's using 10x leverage.

Here's the breakdown: On ETH, he's long 7,500 coins, which is around $15.8 million. His average entry price is $2,050.71, and right now he's sitting on a floating profit of about $462,000. On BTC, he's long 200 coins, worth roughly $14.48 million. That position opened at an average price of $73,080, and he's currently down around $122,000 on paper.

So who is this guy? The leaderboard stats are pretty wild. Since December 20, 2024, "Old Demon" has racked up cumulative profits of 86.6 million RMB. That's not just first place—it's first place by a massive margin. His historical win rate sits at exactly 50%, but with a total return rate of 3698%, he's clearly been making his bets count.