On January 21, the trading address known as '20 Million Band Hunter' (0x880a…) reduced its PAXG short position by 78.14 tokens, as reported by BlockBeats.
Position Details After Reduction:
· Total Position Value: ~$1.494 million
· Floating Loss: ~$151,000
· Loss Percentage: 50.66%
· Average Holding Price: $4,399.04
· Liquidation Price: $61,360.732
Trader Profile: The address is known for a high-frequency, multi-currency trading strategy with an average holding period of roughly 20 hours. Since October of last year, it has reportedly grown an initial capital of approximately $20 million into nearly $100 million in profits. $BTC $ETH #BTC #MWAM_Crypto
