Whale Short Position Take Profit: PEPE holdings with a floating profit of millions, swing traders earning nearly 100 million per month

【Crypto World】On-chain data monitoring shows that an address known for high-frequency trading in the wave band conducted a key operation on January 15. This trader, labeled by market observers as a “ten-million-level wave hunter,” took profit on their PEPE short position, reducing their short holdings by 144 million PEPE tokens, with a profit of approximately $1.2169 million.

Interestingly, even after partial profit-taking, the address still holds a PEPE short position worth $342,990. Based on the current position, the floating profit is about $36,060, with a return rate of 105.14% — this figure indeed reflects the success of this short operation. It is worth noting that the average entry price and the current price of the position are both around $0.01, while the liquidation price is set at $0.051, indicating a careful risk control setup.

This trader’s style is particularly distinctive: short-term operations with an average holding time of about 20 hours, frequently switching positions across multiple cryptocurrencies. Even more impressive is their recent track record — since October last year, with only $20 million in principal, they have accumulated nearly $100 million in profits. Such a level of return even among top traders in the crypto space is remarkable.