{"id":42873,"date":"2021-05-20T18:54:18","date_gmt":"2021-05-20T15:54:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42873"},"modified":"2025-08-31T01:07:24","modified_gmt":"2025-08-30T22:07:24","slug":"trader-turns-5000-into-135000-on-ethereum-scalping","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-turns-5000-into-135000-on-ethereum-scalping\/","title":{"rendered":"Trader turns $5,000 into $135,000 on Ethereum scalping"},"content":{"rendered":"<p>A Twitter user under the handle GowtherXbt said that during a period of <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-falls-below-35000\">heightened volatility on May 19<\/a> through active trading of ETH\/USDT perpetual contracts he managed to make 27x, turning the initial $5,000 into $135,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Kinda turned 5k$ into 135k$ scalping ETH today<\/p>\n<p>\u2014 GowtherXBT (@GowtherXbt) <a href=\"https:\/\/twitter.com\/GowtherXbt\/status\/1395043161697923073?ref_src=twsrc%5Etfw\">May 19, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the post, he attached screenshots of four trades closed within 22 minutes with realized profits ranging from $17,507 to $46,780. At that time Ethereum traded between $2,300 and $2,555.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"569\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-1024x569.jpg\" alt=\"Trader turned $5,000 into $135,000 on Ethereum scalping\" class=\"wp-image-136079\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-1024x569.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-300x167.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-768x426.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-1536x853.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/trader-1-2048x1137.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/twitter.com\/GowtherXbt\/status\/1395043839270920195\/photo\/1\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter user GowtherXbt<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>When asked what leverage he used, GowtherXBT explained: \u201c1000x or nothing.\u201d On Binance, where he executed the trades, leverage is limited to 100x. The maximum trade size is 10,000 USDT.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1000x or Nothing<\/p>\n<p>\u2014 GowtherXBT (@GowtherXbt) <a href=\"https:\/\/twitter.com\/GowtherXbt\/status\/1395127526125678592?ref_src=twsrc%5Etfw\">May 19, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The trader employed a scalping strategy, involving opening a sequence of trades and closing them within minutes\u2014or seconds.<\/p>\n<p>On May 19, the price of Ethereum <a href=\"https:\/\/u1f987.com\/en\/news\/users-report-outages-on-bitcoin-exchanges-amid-market-rout\">fell by 50%<\/a>, and gas prices hit an all-time low. This led to temporary withdrawals suspensions on Binance and other exchanges of ETH and ERC-20 token withdrawals.<\/p>\n<p>For more on scalping, read ForkLog.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The user @GowtherXbt said that during a period of heightened volatility on May 19, through active trading of ETH\/USDT perpetual contracts, he managed to make 27x, turning the initial $5,000 into $135,000.<\/p>\n","protected":false},"author":1,"featured_media":42874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,46],"class_list":["post-42873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42873"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42873\/revisions"}],"predecessor-version":[{"id":42875,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42873\/revisions\/42875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42874"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}