Band Trading Whale's ETH Short Position Earns Over $1.45 Million

On January 26, according to the latest data from HyperInsight, a crypto whale focusing on swing trading shorted 25,000 ETH at an average price of $2,927.33 with 3x leverage last week.

With market fluctuations, the trader’s short position has now generated a floating profit of $1.452 million, demonstrating a sharp insight into market trends.

Breakdown of the Trade

• Leverage: 3x
• Short Amount: 25,000 ETH
• Average Entry Price: $2,927.33
• Floating Profit: $1.452 million

This trade once again proves that swing trading still holds significant profit potential in the crypto market, especially for large holders who can accurately grasp market rhythms.