According to Coinbob tracking data, on February 11, the whale address (0x20c) known as the 'ETH Air Force' recently shifted from continuous shorting to gradually closing positions for profit-taking. Over the past week, this address has realized approximately $12.7 million in gains, with a monthly return rate reaching 1277%. Since its initial positions, cumulative profits have exceeded $80 million, while maximum drawdown during trading has been kept under 20%.
Currently, the address still holds ETH short positions at 25x leverage, though the position size has dropped from a peak of $84 million to $16.3 million. The average entry price stands at $2,941, with a liquidation price of $2,592, and unrealized gains of about $8.4 million. Additionally, through funding rate mechanisms, the whale has earned approximately $6.9 million.
Master of Intraday Trading
This whale is particularly skilled in active position adjustments, capturing intraday volatility for precise trading. Out of the $80 million in total profits, nearly $60 million has already been withdrawn, demonstrating a strong risk management and profit-securing strategy.