Data: 20 million Wave Band Hunters take profit on BTC short positions, reducing holdings worth $3.02 million

GateNews
BTC-1.25%

ChainCatcher message, according to Hyperinsight monitoring, the address (0x880a…) executed a take-profit operation on its BTC short position, reducing 29.24 BTC shorts worth approximately $3,022,600.

After this reduction, its total BTC short position value decreased to $18,794,000, with the average price slightly down from $81,539.3 to $81,254.1. The current floating profit of this position is about $1,440,900, with a return rate of 84.34%, and a liquidation price of $117,063.41. This address has been engaged in high-frequency multi-currency swing trading for a long time, with an average holding time of about 20 hours. Since October last year, with approximately $20 million in principal, it has realized nearly $100 million in profits.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former PayPal President David Marcus Launches Bitcoin Wallet Powered by AI Agents

Gate News message, April 29 — David Marcus, former PayPal president and CEO of Lightspark, announced the launch of a new Bitcoin wallet that enables AI agents to purchase BTC and execute fund transfers. The wallet integrates artificial intelligence capabilities, allowing autonomous agents to

GateNews16m ago

Amboss Launches RailsX for Self-Custodial Bitcoin and Stablecoin Trading on Lightning Network

Gate News message, April 28 — Amboss Technologies has launched RailsX, a peer-to-peer trading platform enabling self-custodial bitcoin and stablecoin transactions natively on the Lightning Network. The platform supports two stablecoin-bitcoin pairs: USDT-L and USDC-L, both issued by Speed Wallet,

GateNews2h ago

Woman Sentenced to 71 Months for Bitcoin Investment Fraud

A federal court sentenced Sze Man Yu Inos, 30, to 71 months in prison for orchestrating a Bitcoin investment fraud scheme that targeted elderly victims across multiple U.S. states and territories. According to prosecutors, Inos befriended older women in Saipan and Guam between November 2020 and

CryptoFrontier2h ago

Lightspark CEO Launches Grid Global Accounts at Bitcoin 2026 Las Vegas

David Marcus, CEO of Lightspark and former president of Paypal, took the stage at Bitcoin 2026 Las Vegas to announce Grid Global Accounts, a dollar-denominated payment layer built entirely on Bitcoin that connects to 175 million Visa merchants across 33 countries and reaches 65 nations in real

Coinpedia3h ago

Robinhood Q1 2026: EPS Miss as Crypto Revenue Falls 47% to $134M

Robinhood (NASDAQ: HOOD) missed on profit in the first quarter of 2026, reporting diluted earnings per share of $0.38, while cryptocurrency revenue declined 47% year-over-year to $134 million, according to the company's earnings report released on Tuesday. The stock fell 2.30% after hours as traders

CryptoFrontier4h ago

Bitcoin's Fate: Next 10 Weeks Critical, Experts Say

Two cryptocurrency industry experts have identified the next 10 weeks as a critical period that will determine whether Bitcoin reaches record highs with increased institutional adoption or faces a market peak, according to analysis from Andrew Parish and James Butterfill. Spot ETF Liquidity as

CryptoFrontier4h ago
Comment
0/400
No comments