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"20 million Wave Hunter" continues to add to XMR short positions, becoming the largest short seller
BlockBeats News, January 20th, according to Hyperinsight monitoring, in the past hour, “20 million wave hunter” (0x880a) has been continuously increasing its XMR short positions, becoming the largest on-chain XMR short seller. Currently, it is short 8,383 XMR (approximately $5.1 million) with 5x leverage, with an average entry price of $594.01. At the same time, it has reduced its short positions in BTC, SOL, XPL, and kPEPE, with an unrealized profit of $7.78 million.
This address belongs to an aggressive trading style, skilled at short-term operations using high leverage, with a total profit of $101 million over the full cycle.