BlockBeats News, January 30 — According to Coinbob Hot Address Monitoring, the “ETH Air Force” whale (0x20c) has realized an unrealized profit of over $11 million while continuously shorting ETH, with an investment return of 345%. In the past 24 hours, this address has gained approximately $6.3 million, and its total profit has exceeded $80 million, with the maximum drawdown kept within 20% during this period. This address currently holds a short position in ETH with 25x leverage, with a position size of about $84 million, an opening average price of $3,117, and a liquidation price of $3,674. The current unrealized profit is approximately $11.5 million. In addition to price fluctuation gains, it has also accumulated around $6.9 million in funding rate profits. As one of the active on-chain ETH shorts, this whale frequently adjusts and adds to its position through intraday swing trading, demonstrating a flexible style. Of the $80 million cycle profit, nearly $50 million has already been withdrawn.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"ETH Air Force" rolling short positions daily profit reaches $6 million, with total profits exceeding $80 million.
BlockBeats News, January 30 — According to Coinbob Hot Address Monitoring, the “ETH Air Force” whale (0x20c) has realized an unrealized profit of over $11 million while continuously shorting ETH, with an investment return of 345%. In the past 24 hours, this address has gained approximately $6.3 million, and its total profit has exceeded $80 million, with the maximum drawdown kept within 20% during this period. This address currently holds a short position in ETH with 25x leverage, with a position size of about $84 million, an opening average price of $3,117, and a liquidation price of $3,674. The current unrealized profit is approximately $11.5 million. In addition to price fluctuation gains, it has also accumulated around $6.9 million in funding rate profits. As one of the active on-chain ETH shorts, this whale frequently adjusts and adds to its position through intraday swing trading, demonstrating a flexible style. Of the $80 million cycle profit, nearly $50 million has already been withdrawn.