According to Lookonchain, trader 0x5966 executed four swing trades with Wrapped Bitcoin ($WBTC) over the past 50 days, incurring losses in three trades and accumulating a total loss of $238,700. Lookonchain's data reveals that if the trader had simply bought and held 54 $WBTC at $96,152 each on May 1, with an initial investment of $5.18 million, his position would now be up by $483,000. This highlights that, in certain market conditions, a buy-and-hold strategy can outperform active trading, especially in volatile periods for major crypto assets like BTC and WBTC (source: Lookonchain, June 18, 2025). Crypto traders should assess risk when choosing between holding and short-term trading to maximize returns.