Drift hacker shorted ETH 20 times and went long on BTC, with a position value of 20 million USD, and a daily floating profit of 658,000 USD

According to on-chain analyst Ai Yi's monitoring, the ETH/BTC exchange rate fell by 3.56%. The Drift hacker (0x45d…c00ca) opened a $20 million 20x ETH short and 20x BTC long position yesterday morning, with related positions showing an unrealized profit of $658,000 in just one day.

At 6 AM this morning, both Bitcoin and Ethereum experienced significant declines, after which Bitcoin's rebound was stronger than Ethereum's, leading to an expansion of its unrealized profit.