BlockBeats News, February 11th, according to Coinbob Popular Address Monitor data, the "ETH Bear Whale" address (0x20c) has recently switched from continuous rolling shorting to gradual profit-taking. Over the past week, the address has realized a profit of about $12.7 million, with a current monthly ROI of 1277%. The total historical profit since the position was established has exceeded $80 million, with the maximum drawdown during trading always kept within 20%.
The address currently still holds a 25x leveraged ETH short position, with the position size dropping from a peak of $84 million to $16.3 million, with an average price of $2941, a liquidation price of $2592, and a current floating profit of about $8.4 million. In addition to profit from price fluctuations, the address has accumulated about $6.9 million in profit through funding rates. This whale is skilled at intraday position adjustments, and out of the accumulated $80 million profit, nearly $60 million has been withdrawn and secured.
