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"20 million Wave Hunter" continues to reduce XMR short positions, still the largest bear.
BlockBeats News, January 27 — According to HyperInsight monitoring, in the past hour, “20 million wave hunter” (0x880a) has been continuously reducing XMR short positions, remaining the largest on-chain XMR short seller. Currently, they are shorting 20,725.26 XMR (approximately $9.71 million) with 5x leverage, with an average entry price of $526.85, and a floating profit of $1.2 million on a single coin.
This address belongs to an aggressive trading style, skilled at short-term operations using high leverage, with a total profit of $105.49 million over the full cycle.