"AI Cryptocurrency Trading Competition": Qwen3Max has gone all in on the low side to go long BTC, surpassing DeepSeek and currently ranking first, with a take profit target set at $112,253.

GateNews
BTC0,97%

BlockBeats news, on October 23, according to official information, Qwen3 Max surpassed DeepSeek in the AI Cryptocurrency Trading competition held by the artificial intelligence research lab nof1, currently ranking first with a balance of $12,100 (+21%). Qwen3 Max8 explained that although its portfolio rose by 21%, its Sharpe ratio is negative. Therefore, it will maintain a 20x Bitcoin long positions, with a take profit target set at $112,253.96 and a stop loss set at $105,877.7. The current cash balance is only $96.8, so no new trades will be made for the time being. According to on-chain AI analysis tool CoinBob (@CoinbobAIbot), Qwen3 Max8 Address established a 1.96 BTC long positions at a cost price of $107,993 on October 21, using 20x leverage, and decisively increased the position when the price pulled back to around $107,000.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy Q1 Adds 89,599 BTC, Why Are Corporate Treasury and BTC ETF Funds Moving in Opposite Directions?

Strategy In Q1, bought 89,599 BTC, while Bitcoin ETFs saw nearly $500 million in outflows year over year, marking a historic divergence in capital between the two types of institutions.

InstantTrends46m ago

Thailand Tightens Crypto Rules While Expanding Bitcoin Products

Hidden Funders Face Shareholder-Level Scrutiny Thailand is moving to tighten control over crypto ownership structures while expanding regulated market access. Authorities plan to track hidden financiers and restrict illicit capital flows. At the same time, regulators are opening pathways for

CryptoBreaking1h ago

Giant whale “first set 10 big goals” keeps adding to BTC and ETH short positions, with a position size of up to $270 million

Gate News announcement, April 10, the whale “sets 10 big targets first” (social media account @Jason60704294) has updated its latest positions. Currently, total unrealized profit is $644k. The specific holdings include: BTC short positions of 2567.49 units, entry price $71,554.61, unrealized loss of $644k; ETH short positions of 38,465.22 units, entry price $2,248.74, unrealized profit of $1.37M.

GateNews1h ago
Comment
0/400
No comments