'20 Million Swing Trader' Accumulates $104 Million in Profits, Now the Largest Short Seller of ETH and HYPE

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On December 24, according to Hyperinsight monitoring, '20 Million Swing Trader' (0x880a) has been continuously closing short positions on multiple tokens, including ETH and HYPE, over the past six hours. Currently, the ETH short position size is approximately $68.3 million, with an average price of $3,132 and a liquidation price of $3,767. The HYPE short position size is approximately $41.97 million, with an average price of $31.7 and a liquidation price of $34.27. The total position size is approximately $111 million, making it the largest short seller of ETH and HYPE on Hyperliquid. Since October, this address has accumulated over $104 million in profits from an initial capital of approximately $20 million, with today's profit reaching $1.3 million. Recently, the focus of its positions has shifted to ETH and HYPE shorts, accounting for 98.6% of its portfolio.

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