On February 11th, according to Coinbob's monitoring of popular addresses , the "ETH short seller"whale address (0x20c) recently shifted from continuously rolling short positions to gradually closing out positions and taking profits. Over the past week, this address has realized a profit of approximately $12.7 million, with a current monthly return on investment of 1277%. Since its inception, its cumulative profit has exceeded $80 million, with maximum drawdowns consistently kept below 20% during trading.
This address currently holds a 25x leveraged short position in ETH, with its position size reduced from a high of $84 million to $16.3 million, an average price of $2,941, a liquidation price of $2,592, and a current unrealized profit of approximately $8.4 million. In addition to gains from price fluctuations, the address has accumulated profits of approximately $6.9 million through funding fees. This whale is skilled in intraday swing trading, and of its accumulated $80 million in profits over the period, nearly $60 million has already been withdrawn.
