Korean trader Nam Seok-hee has increased his meme coin positions to 60, with a heavy focus on ENA, WLD, and MYX.

By: theblockbeats.news|2025/09/09 10:22:39

BlockBeats News, September 9, according to crypto KOL AB Kuai.Dong, over the weekend, Korean trader NAMSEOKHEE, who went long on a basket of altcoins, expanded his 56 altcoin long positions to 60 this morning, continuing his bet. Currently, his 7-day return has surged from yesterday's 10,333% to 45,464%, earning approximately $616,000. He also heavily holds long positions in ENA, WLD, and MYX.

Earlier reports indicated that on September 8, Korean trader NAMSEOKHEE, who previously went long on 107 altcoins in sync on the Binance futures, exited after the failed altcoin season. NAMSEOKHEE has now returned. Since last weekend, he has gradually opened 56 altcoin long contracts, re-betting on the arrival of the altcoin season. This operation has turned his overall position from loss to profit. This time, his strategy is more conservative: for most altcoins, he only opens positions with $300 to $600 margin, still uses 20x leverage, increases the margin to $2500 only for a few altcoins he is particularly bullish on, and always holds without taking profits.

-- Price

This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...

Why Private Credit Became the First True Bridge from TradFi to DeFi

Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.

My view on blockchain has changed

In-depth Reflection on the Value of Blockchain Applications and the Time Dimension

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Why can't AI agents just swipe bank cards? An article to understand the new tiered payment system: stablecoins and blockchain are becoming the exclusive settlement language and verifiable trust foundation of the "machine economy" era.

ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."

What are the differences between RWA 1.0 and RWA 2.0?