Data: 20 million Wave Band Hunters take profit on BTC short positions, reducing holdings worth $3.02 million

ChainCatcher message, according to Hyperinsight monitoring, the address (0x880a…) executed a take-profit operation on its BTC short position, reducing 29.24 BTC shorts worth approximately $3,022,600.

After this reduction, its total BTC short position value decreased to $18,794,000, with the average price slightly down from $81,539.3 to $81,254.1. The current floating profit of this position is about $1,440,900, with a return rate of 84.34%, and a liquidation price of $117,063.41. This address has been engaged in high-frequency multi-currency swing trading for a long time, with an average holding time of about 20 hours. Since October last year, with approximately $20 million in principal, it has realized nearly $100 million in profits.