Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
"ETH Air Force" rolling short positions daily profit reaches $6 million, with total profits exceeding $80 million.
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 Of the $80 million cycle profit, nearly $50 million has already been withdrawn.