The "20 Million Swing Trader" took profit on his ETH long positions, reducing his holdings to $1,096,500.

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MarsBit
02-04
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According to Mars Finance, on February 4th, Hyperinsight monitoring showed that the address "20 Million Swing Trader" (0x880a…) executed a profit-taking operation on its ETH long position, reducing its holdings by 155.17 ETH long positions, worth approximately $366,100. After this operation, the total value of its ETH long position decreased to $1,096,500. The position currently has a floating profit of approximately $9,600, a return of 10.51%, and the average holding price has slightly increased from $2,257.91 to $2,259.63. This address has long been engaged in high-frequency multi-currency swing trading, with an average holding time of about 20 hours. Since October of last year, it has accumulated profits of nearly $100 million from an initial capital of approximately $20 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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