BlockBeats News, January 30, according to... Coinbob Hot Address Monitoring It is shown that the "ETH bear" whale (0x20c), during its ongoing bearish stance on ETH, has already realized floating profits exceeding $11 million, with an investment return rate of 345%. The address has earned approximately $6.3 million in profits in the past 24 hours, and its cumulative historical profits have surpassed $80 million, with the maximum drawdown during the period consistently controlled within 20%.
This address currently holds a short position in ETH with 25x leverage, with a position size of approximately $84 million. The average entry price is $3,117, and the liquidation price is $3,674. The current floating profit is approximately $11.5 million. In addition to the profit from price fluctuations, it has also earned approximately $6.9 million through funding fees.
As one of the active ETH short representatives on-chain, this whale frequently adjusts and increases positions through intraday swing trading, adopting a flexible style. Out of its $80 million profit over the cycle, nearly $50 million has already been withdrawn.