The "20 million swing trader" partially took profits on HYPE and XPL short positions, earning $30.5 million in the past week.

BlockBeats News, January 9, according to Coinbob Hot Address Monitoring, in the past 6 hours, the "20 Million Swing Trader" (0x880a) has gradually closed short positions in HYPE and XPL. Currently, the HYPE short position is about $38.2 million, with an average price of $31.3 and a liquidation price of $42.7, making it the largest HYPE short whale on Hyperliquid.

Previously, this address was highly concentrated in ETH and HYPE short positions, with the two accounting for as much as 98.6%. Recently, some funds have been diversified into short positions in BTC, SOL, kPEPE, and other tokens. The total account position size has increased from $111 million ten days ago to the current $149 million. The main position details are as follows:

12x ETH long position: position size about $62.89 million, average price $3,108, unrealized profit $400,000;

5x HYPE long position: position size about $37.6 million, average price $31.3, unrealized profit $8.33 million;

11x BTC long position: position size about $14.76 million, average price $91,800, unrealized profit $250,000;

This address has long engaged in high-frequency multi-token swing trading, with an average holding time of about 20 hours. Since October, it has achieved nearly $100 million in profit with a principal of about $20 million. Due to the market rally this morning, its intraday unrealized profit has retraced by about $9.55 million, but it still holds about $9.5 million in unrealized profit, with a profit of $30.5 million in the past week.