Decrypting, the copy trading with an 8500% return, profits only 83u, a bunch of people follow, total losses in copy trading -18259u, retail investors rushing in one after another. Still bragging.
The method involves first hedging with 2 accounts, with a high leverage liquidation at 1000u. This results in one doubling account and one zeroing account.
At this point, the zeroing account deposits another 10u, balance at 10, deposits another 10u the next day, balance at 20, continues for 10 days, balance at 100u, yield rate 1000%. All positions opened with high leverage small coins, gambling on luck. The followers are also funny; giving them high leverage to gamble is not as good as gambling high leverage themselves.
Moreover, the copy trading feature on Binance is really very rudimentary, with deposits counted as profits. Trash traders can pose as masters.
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