Data: A certain whale closed a 25x ETH short position yesterday, making a profit of $692,000 in five days

According to on-chain analyst @ai_9684xtpa's monitoring, the address 0xaea…c2416 previously shorted 9,700 ETH with 25x leverage, with a position value of approximately 22.46 million USD, and an opening average price of 2,311.92 USD.

This address opened the position on October 27 and closed it during the rebound after the ETH pullback at 18:33 yesterday, with an exit average price of 2,239.5 USD, making a profit of approximately 692,000 USD over five days. During the holding period, this short position once had an unrealized profit of 1.337 million USD.

Currently, the account's cumulative profit has increased to 7.57 million USD, partially recovering the 916,000 USD loss incurred when shorting BTC in mid-October.