Korean trader Nam Seok-hee closed most long positions, turning all profitable trades into losses.

BlockBeats News, on September 16, according to crypto KOL AB Kuai.Dong, the Korean trader NAMSEOKHEE, who previously opened more than 60 long positions on altcoins betting on the altcoin season, has just closed all his long positions except for the last one in ENA (currently with an unrealized loss of $109,000).

He previously made an unrealized profit of $712,000 from this strategy a week ago, but because he firmly believed that the altcoin season would arrive soon, he did not close most of his positions. As a result, all the profitable trades eventually turned into losses.