「20M Range Sniper」 Takes Profit on ETH Long, Position Size Reduced to $1,096,500

BlockBeats News, February 4th, according to Hyperinsight monitoring, the "20 Million Band Hunter" address (0x880a...) conducted a profit-taking operation on its ETH long position, reducing 155.17 ETH long orders, worth approximately $366,100.

After this operation, the total value of its ETH long position dropped to $1.0965 million. The position is currently floating a profit of approximately $9,600, with a return rate of 10.51%. The average holding price has risen from $2,257.91 to $2,259.63.

This address has been engaging in high-frequency multi-currency arbitrage trading for a long time, with an average holding period of about 20 hours. Since October last year, with approximately $20 million in principal, it has accumulated nearly $100 million in realized profits.