"Steady ETH Swing Trader" Shorts ETH with Nearly $40 Million Position, Achieving Over 80% Monthly Win Rate in Swing Trades

BlockBeats News, October 28, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot) monitoring, in the past 3 hours, a whale address starting with 0x4e8 newly opened a 4x leveraged ETH short position, with an average entry price of $4,100. The notional value of the position reached $39.47 million, with a current unrealized profit of about $200,000, and a take-profit order placed at $4,060.

This address has remained active recently after depositing $7 million on October 12, with the principal now steadily increased to $10.06 million. The user often opens positions with full margin, uses low leverage to capture ETH's intraday deterministic pullbacks, and prefers right-side trading. The average holding time is about 12 hours, with weekly profits reaching $2.2 million, a monthly win rate of over 80%, and weekly trading volume of $518 million.