BlockBeats News, January 9, according to... Coinbob Hot Address Monitoring According to the data, within the past 6 hours, "20M Bandit Hunter" (0x880a) has gradually closed short positions in HYPE and XPL. Currently, the short position in HYPE amounts to approximately $38.2 million, with an average entry price of $31.3 and a liquidation price of $42.7. This makes the address the largest HYPE short whale on Hyperliquid.
Previously, the address had a highly concentrated short position in ETH and HYPE, with the combined exposure reaching as high as 98.6%. Recently, it has diversified part of its capital into short positions in other assets such as BTC, SOL, and kPEPE. The total position size of the account has also increased from $110 million ten days ago to $149 million currently. The main position details are as follows:
12x ETH long position: Position size is approximately $62.89 million, average price of $3,108, floating profit of $400,000;
5x HYPE Long Position: Position size of approximately $37.6 million, average price of $31.3, floating profit of $8.33 million;
11x BTC long position: Position size is approximately $14.76 million, average price of $91,800, floating profit of $250,000;
This address has been conducting high-frequency, multi-coin swing trading for a long time, with an average holding period of about 20 hours. Since October, it has generated nearly $100 million in profits with an initial capital of about $20 million. Due to the price increase this morning, its intraday unrealized profit has temporarily declined by approximately $9.55 million. Currently, it still holds about $9.5 million in unrealized profit, and its profit for the past week has reached $30.5 million.