According to ChainCatcher, on-chain analyst Ai Yi has flagged an Ethereum address that shorted ETH 20 times since July 27. Each of those trades carried 10x leverage, and the win rate came in at 80%. Over a 10-day stretch, the address booked $600,000 in profit. Half of its positions were held for only about one hour. The latest update shows that 10 minutes before the data was released, the same address opened a new short on 14,519.62 ETH. On the latest order, the notional value was computed at 14,519.62 ETH multiplied by the entry price of $1,874.2. That comes to roughly $27.21 million, matching the reported $27,210,000. The address has never opened a position below $3,000,000, and its largest trade reached $70,130,000. ChainCatcher said the monitoring data came from Ai Yi. The entity behind the address has not been identified, and no further details about the leverage or holding period on the new short were disclosed.
ChainCatcher reports that on-chain analyst Ai Yi is tracking an Ethereum address with an active shorting record. Since July 27, the address has shorted ETH 20 times. Every one of those trades used 10x leverage, and 80% of them were winners. The run produced $600,000 in profit over 10 days. Half of the positions were held for about one hour each.
About 10 minutes before the data was broadcast, the same address opened another short on 14,519.62 ETH. It is worth $27,210,000 at an entry price of $1,874.2 per ETH. Historical data on the address shows every position size was at least $3,000,000, with the largest hitting $70,130,000.
ChainCatcher attributed the monitoring data to Ai Yi. The identity behind the address was not disclosed, and no details were given on the new trade's leverage or expected holding time.
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