Orderly Network Concludes Exclusive Crypto Trading Competition with @lBattleRhino Named Champion
The post Orderly Network Concludes Exclusive Crypto Trading Competition with @lBattleRhino Named Champion appeared on BitcoinEthereumNews.com.
Key highlights: The World Series of Trading (WSOT) X Crypto Championships concluded, with @lBattleRhino winning the $100,000 grand prize. The competition featured 12 elite traders, each starting with $10,000 in collateral, trading on multiple Orderly-powered DEXs. The event highlighted Orderly Network’s robust liquidity and infrastructure amid volatile market conditions. A high-stakes competition among elite traders Orderly Network recently concluded its landmark trading competition, the World Series of Trading (WSOT) X Crypto Championships, with @lBattleRhino emerging as the winner. The competition, which spanned four weeks from July 15 to August 12, 2024, brought together 12 elite traders known for their presence on 𝕏 (formerly Twitter). These traders competed on various Orderly-powered decentralized exchanges (DEXs), including WOOFi Pro, IBX, LogX Pro, VOOI, and OXMarkets, each starting with a collateral of $10,000. WSOT starts today 👑 Who gets liquidated first? @satsdart@ByzGeneral@Timeless_Crypto@theo_crypto99@CL207@zhusu@nanixbt@lbattlerhino@DefiSquared@gametheorizing@izebel_eth@thiccyth0t pic.twitter.com/WwaWHIY1i5 — Orderly Network (@OrderlyNetwork) July 15, 2024 The competition’s unique format, inspired by Formula 1’s point system, awarded points across four one-week ranking sessions. This approach encouraged consistent performance and creative trading strategies, offering both participants and spectators a series of unpredictable and thrilling moments. Thrills, spills, and ultimate victory Throughout the competition, traders navigated turbulent market conditions that tested their skills and strategies. One of the most dramatic moments occurred in the first week when @thiccyth0t, a popular crypto trader, was eliminated while shorting $WLD on VOOI. Despite the unpredictability, @lBattleRhino managed to secure the top spot, earning a grand prize of $100,000 in USDC. Notable mentions go to @gametheorizing and @satsdart, who claimed second and third places, winning $50,000 and $25,000 respectively. Jordi Alexander, CEO of Selini Capital and the second-week leader, reflected on the competition, noting the blend of game theory and trading acumen required to outmaneuver opponents. Alexander emphasized the strategic depth of the competition, underscoring the…
Filed under: News - @ August 14, 2024 7:23 am