“Luke Alpha” ranks first on all three loss leaderboards—24-hour, 7-day, and 30-day—among Binance Futures’ live-trading smart money accounts. On November 15, on-chain analyst @ai_9684xtpa observed that its 13,000-unit long position in $ETH was down $5.031 million, while its 100-unit long position in $BTC was down $1.165 million, for a combined loss of $6.196 million.

Its ETH notional position is $28.84 million, nearly four times its $7.73 million BTC position. On November 4, it was still up $5.468 million; over 12 days, its P&L swung by more than $11.66 million. Despite the “smart money” label, this is essentially a directional bet with a heavily concentrated ETH position.

The live-trading leaderboard ranks accounts by cumulative profits; it doesn’t measure how positions are built or when they’re closed. Copy traders see a good-looking curve, but what they’re actually copying is where that curve is right now.

#币安合约 #ETH #Smart Money