The '20 Million Swing Hunter' Continues to Reduce Short Positions in BTC, ETH, and HYPE with $6.57M Floating Profit

According to HyperInsight on January 30, the renowned trading account '20 Million Swing Hunter' (0x880ac) has further reduced its short positions in BTC, ETH, and HYPE over the past hour.

Data shows that the account is currently shorting 118.45 BTC at 11x leverage with a floating profit of $385,000. It is also holding a short position of 20,548.73 ETH at 12x leverage, generating a floating profit of $6.068 million. Additionally, it is shorting 751,691.02 HYPE at 5x leverage but is currently at a floating loss of $1.597 million. The total floating profit for the account is $6.57 million.

Aggressive Strategy with High Leverage

The account is known for its aggressive trading strategy, specializing in short-term operations with high leverage. Historical data indicates that its cumulative profit over the entire trading cycle has reached $10.09 million, demonstrating strong market judgment and risk control capabilities.

• Short BTC: 11x leverage, $385,000 floating profit
• Short ETH: 12x leverage, $6.068 million floating profit
• Short HYPE: 5x leverage, $1.597 million floating loss

With increased market volatility, the account's moves have drawn significant attention, and market observers are closely monitoring its future actions.