According to on-chain data monitoring, a well-known trading account with the address 0x880a, known as the "20 Million Wave Hunter," has recently made a big move again. This seasoned trader has been continuously adding to their short positions on XMR over the past hour, now holding the largest on-chain XMR short position.



Specifically, the account is currently short 8,383 XMR with 5x leverage, with a total value of approximately $5.1 million, and an average entry price around $594.01. Meanwhile, the trader is also reducing their short positions in BTC, SOL, XPL, and kPEPE, with the account's unrealized profit reaching $7.78 million.

In terms of trading style, this address is a typical aggressive trader—favoring high leverage for short-term trades, with a decisive approach. More notably, its historical track record shows a total profit of $101 million over full cycles, demonstrating its strength in on-chain trading. The movements of such large accounts are often worth market participants' attention.
BTC-3.89%
SOL-5.47%
XPL-9.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
OldLeekConfessionvip
· 14h ago
Bro, this wave of XMR short positions are really bold, going in with 5x leverage directly? It's this guy again, has been watching this account for half a year, making huge profits. 778 million in unrealized gains, feels like he's earning even faster than us... This guy's historical track record is right here, 100 million USD. I need to follow his rhythm. Is XMR going to drop this time? Or is it another trap to lure more longs? The aggressive traders are just different; I, as a conservative type, can only sit back and watch the dust settle.
View OriginalReply0
StableBoivip
· 14h ago
Damn, this guy is starting to dump again. Is the XMR short so aggressive? 5.1 million USD worth of XMR shorts, is he trying to crush the price? That's a bit crazy. And he made another 7.78 million, truly impressive. Why can't I make money like that? A historical profit of 100 million USD, brother. Who can withstand that? I need to keep an eye on his moves. Is XMR going to fall? I should see what others are saying. This guy's leverage usage is really intense. Going 5x short, the risk is a bit high.
View OriginalReply0
GasWastervip
· 14h ago
0x880a this guy is really fierce, he quickly took the first short position on XMR. I just want to see when he will crash. Tsk, playing with 5x leverage so aggressively, in my opinion, he's bound to suffer big losses sooner or later. A performance report of 100 million is displayed here, he definitely has some skills, but is it really so easy to make money on the chain... Can this XMR short position make a profit this time? I think it's uncertain. This guy's luck is truly exceptional. Something's off. Why suddenly focus fire on XMR? Could it be that he discovered something we don't know? 7.78 million floating profit. Really? Who can resist this temptation? Alright, alright, let's just consider this the biggest gamble of the year. Let's see how long he can hold on.
View OriginalReply0
ImaginaryWhalevip
· 14h ago
Bro, this XMR short is really aggressive. You're already sitting on a 7.78 million floating profit and still dare to add more? That's some boldness.
View OriginalReply0
MidnightGenesisvip
· 14h ago
Monitoring shows this guy is at it again, using 5x leverage to short XMR... As expected, the historical performance is there, so stay alert.
View OriginalReply0
SeasonedInvestorvip
· 14h ago
Oh no, this wave trader is causing trouble again. Going all-in with five times leverage, really brave. With a floating profit of 7.78 million and still adding positions, this is the confidence of a big player. A performance of one hundred million dollars, I truly admire it. If XMR can rise, it will be disastrous. Can it hold this time? I bet five dollars it will be liquidated. It seems that in the short term, I still need to follow the on-chain whales.
View OriginalReply0
CryptoFortuneTellervip
· 14h ago
Wow, this guy is starting to short again, adding so much XMR in an hour. He's really bold. XMR needs to drop this time, or this big investor will have to cut losses. 7.78 million in unrealized profit is pretty good, but this high leverage strategy... sigh, can't afford to mess with it. Using 5x leverage for short-term trading, that's the difference between me and big investors. I’m even afraid of 1x. A historical profit of 100 million, really outrageous. If I could make 5,000 in a month, I’d be lighting incense and praying.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)