Large Ethereum short position worth $10.35M reduced by address with total profits exceeding $128M

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A contract account executed a $10.35M reduction in its Ethereum short position as part of its trading strategy, incurring a $207K loss between 21:37 and 22:01 on October 17, 2026. This adjustment reduced its ETH short position to $198M, down from $208M. With total profits exceeding $128M, the address demonstrates disciplined position sizing. Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

Odaily Planet Daily reports: According to Odaily monitoring, a contract address has accumulated profits exceeding $128 million. Between 21:37 and 22:01 UTC on October 17, 2026, it reduced its ETH short position by approximately $10.35 million, resulting in a realized loss of about $207,000. As of 22:11, the value of its remaining ETH short position was approximately $198 million, down from around $208 million previously.

Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

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