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Meet the man who shorted $LUNA at $90 👀
The man who turned $1k to $1B. The man who turned trading into an art. Learn GCR's lessons, here's how he did it. {I found his wallet for you} 🧵👇 ⬇️⬇️⬇️ @GCRClassic -you will remember his name for life. He's a prominent and anonymous crypto trader known for his accurate market predictions and contrarian strategies. He gained fame on Crypto and was a top trader on the FTX exchange before its collapse. ⬇️ GCR's identity and full professional background remain a mystery. He began his crypto journey with $1,000. He is initially gaining prominence through political forecasting and sports
The well known $LUNA situation began on may 9 2022. GCR publicly challenged Do Kwon with a $10 million bet that the price of Luna would decline within a year. But he actually went further lol, by shorting LUNA for additional $10M on FTX exchange. Even though Do Kwon never accepted the bet, GCR still made profit from his short position, making $6,000,000 go into his pockets. ⬇️
He also gained his popularity with memecoins in 2021. Publishing his old prediction about $SHIB. He said that if you invest 20 ETH in aug 2020 into $SHIB and wait 5 month You would make $40,000,000. But actually the thing turned out even better lol, because you would need only 2 ETH to turn it into $40,000,000.
What is GCR’s Net Worth? GCR's net worth is estimated to be around $398 million. This estimation comes from his recent articles, which mentioned keeping 10% or less of his net worth as collateral on centralized exchanges. He withdrew roughly $40 million from Binance, considering his collateral strategy, we can +- calculate his net worth.
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