Shorting $LUNA at $90 and trading his way out to BILLIONS
No clickbait. No Cap. Just insane story that will blow your mind...
Full chronology of GCR's success + [his wallet]
This insane man made exactly what millions are dreaming about
He predicted $LUNA crash, Trump's 2024 victory and much much nore
Here're the story of a legend in web3 space 👇
1. Yes, this is not a clickbait, he really started from $1k, basically 0
He gained a lot of attention through making extraordinary precise price predictions.
Let's make a chronological review of his success 👇
2. Predicting the 2021 pick of the crypto
In July 2021, he forecasted a prolonged bear market, anticipating Bitcoin's local bottom around $20,000 and projecting that most altcoins would decline by 95% to 99%.
This prediction was based on his analysis of market liquidity and investor behavior.
His forecast proved accurate, with Bitcoin's price aligning closely with his projections and many altcoins experiencing significant downturns.👇
3. What can we learn from it? GCR actually said a good advise
He frequently mentioned during his 2021 tweets a “Tree of Life” that was the key to exploiting the market.
After much speculation from many different traders as to what GCR’s secret was.
He eventually hinted at this “Tree of Life” simply being a willingness to bet against the consensus view.
He’s a big fan of George Soros, and will frequently mention Soros’s talking points, discussing reflexivity and the idea of contrarianism.👇
4. His first prediction on $GME in Jan 28 / 2021
From the very beginning, he was a fan of contrarian viewpoints.
With one of his very first posts being details on shorting the retail-driven GME runup in January 2021.
Here's what he said👇
5. After that his twitter feed was mostly filled with trading principles that have been spreading across the twitter space wildly
He would repeatedly underline the importance of patience, and of looking for areas in which one can find unique areas to press edge. 👇
6. In the same 21 year May 8 he published his old prediction which has blown twitter after since
Saying that "if you would invest 20 ETH into $SHIB and wait 5 month, you would sit at $40M" 👇
7. Making profit from politics
By October 2021, he began betting on Trump to win the 2024 election.
With a large enough size that accessing sufficient liquidity on exchanges was simply impossible.
He ended up resorting to direct OTC trades with Alameda Research
Just over 1 year later, Alameda Research’s balance sheet would be leaked to reveal that they still held $7.3M of unhedged TRUMPLOSE tokens
Potentially left over from GCR’s deal.👇
8. But how can we calculate his actual net worth right now?
Well I have an answer to this
his estimated value is around $400M
Why? In his recent tweet replying to a followers comment he mentioned about "keeping 10% of the networth/less as collateral on cexes, and advocate people learn how to self custody"
He withdrew somewhere of $40M dollars to Binance
As I promised, here's the wallet the tx was made from 👇
https://etherscan.io/address/0x398d282487b44b6e53ce0aebca3cb60c3b6325e9#tokentxns
I hope my article was helpful, if so, please :
Follow me for more alpha content
Like & Repost to motivate me continue