On January 12, the renowned trading address known as the '20 million swing hunter' (0x880a) significantly increased short positions on BNB, HYPE, DOGE, XPL, and PUMP within the last hour, drawing significant market attention, according to the latest monitoring data from Hyperinsight.
Notably, the unrealized profit from the current short positions has reached an impressive $7.43 million, demonstrating the effectiveness of the trader's short-term strategy.
Breakdown of the High-Frequency Trading Strategy
Long-term tracking reveals that this address specializes in high-frequency swing trading across multiple cryptocurrencies, with an average holding period of only about 20 hours, showcasing exceptional timing abilities.
- Weekly profits reached $5.118 million
- Monthly gains surpassed $7.493 million
- Total accumulated returns exceeded $98.7276 million historically
The consistent profitability of this account provides valuable reference signals for market participants. Analysts note that the trader's rhythm aligns closely with market volatility cycles, warranting deeper exploration of the underlying strategy.