"20 million Wave Hunter" PEPE short position take-profit size is approximately $1.2 million, with a profit of over $360,000

BlockBeats News, January 15th, according to HyperInsight monitoring, the address labeled as “20 Million Wave Hunter” (0x880a) took profit on its PEPE short positions, reducing its PEPE short holdings by 144 million tokens, worth approximately $1,216,900.

After this partial profit-taking, its PEPE short position still holds about $342,990. The position currently has an unrealized profit of approximately $36,060, with a return rate of 105.14%. The average entry price and the current coin price are both around $0.01, with a liquidation price of $0.051.

This address is known for high-frequency, multi-currency swing trading, with an average holding time of about 20 hours. Since October last year, using approximately $20 million in principal, it has accumulated nearly $100 million in profits.