TREE NEWS reports: Litecoinpool founder Jiang Zhuoler said his crypto-denominated trading gains have reached 34% after several months of trading, with USD-denominated gains at 92%, nearly double. He said position sizing, trading execution and coin selection drove the returns, adding that he still considers the market to be in a bull cycle and defaults to holding a fully invested ETH spot position. Shorts are mainly used to protect gains after spot rallies and reduce drawdowns, he said.
Jiang Zhuoler Says Crypto-Denominated Trading Gains Hit 34%
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AI take
The gap between the two figures is the real story: a 34% crypto-denominated gain becomes 92% in dollar terms, meaning the coin he measures against has itself fallen hard. That is a useful reminder that crypto-denominated performance can flatter or punish a strategy depending on the benchmark, and that his stated approach — full ETH spot exposure with shorts used defensively rather than directionally — is a bull-cycle posture, not a hedged one. Whether that posture holds if the cycle assumption breaks is the open question.
Generated by AI for reference only.
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