BlockBeats News, January 30 — According to Coinbob Hot Address Monitoring, the “ETH Air Force” whale (0x20c) has realized an unrealized profit of over $11 million while continuously shorting ETH, with an investment return of 345%. In the past 24 hours, this address has gained approximately $6.3 million, and its total profit has exceeded $80 million, with the maximum drawdown kept within 20% during this period. This address currently holds a short position in ETH with 25x leverage, with a position size of about $84 million, an opening average price of $3,117, and a liquidation price of $3,674. The current unrealized profit is approximately $11.5 million. In addition to price fluctuation gains, it has also accumulated around $6.9 million in funding rate profits. As one of the active on-chain ETH shorts, this whale frequently adjusts and adds to its position through intraday swing trading, demonstrating a flexible style. Of the $80 million cycle profit, nearly $50 million has already been withdrawn.
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