A crypto trader turned $6,800 into $1.5 million with a one-sided quoting strategy, dominating over 3% of maker volume on a major exchange in just two weeks.
A little-known crypto trader has turned $6,800 into $1.5 million in profit while accounting for over 3% of maker-side liquidity on a major crypto exchange.
Market observer Adverse Selectee highlighted a small trading account holding less than $200,000 in equity on Thursday. Over the past two weeks, the account recorded a trading volume of $1.4 billion and has consistently ranked among the top contributors to the exchange’s total maker volume.
The performance dashboard shows that the trader appears to quote only one side of the order book at a time — either bids or asks — rather than balancing both.
