On January 15, the address "20M Wave Hunter" (0x880a) reduced short positions in HYPE and XPL, securing a $550,000 floating profit. The trader is known for aggressive, leveraged short-term strategies and has earned a total of $92.75 million. Traders are now closely watching key support and resistance levels for potential follow-through moves. Some value investing strategies in the crypto space also align with this type of active position management.
BlockBeats News, January 15, according to... Hyperinsight Monitoring: Within the past 1 hour, "2000 Million Band Hunter" (0x880a) reduced short positions in HYPE and XPL, generating a floating profit of $550,000 in the account.
This address is associated with an aggressive trading style, skilled in using high leverage for short-term trades, achieving a total cumulative profit of $92.75 million over the entire period.