'Steady ETH Swing Trader' Whale Opens 4x Leveraged Short Position, Holding Nearly $40 Million

On-chain AI tool CoinBob shows that on October 28, an address opened an ETH short position with 4x leverage at an average entry price of $4,100, with a nominal position value of $39.47 million. The current unrealized profit is approximately $200,000, and a take-profit order has been placed at $4,060. The address has been active since depositing $7 million on October 12, increasing its principal to $10.06 million. It favors low-leverage, right-side trading, with an average holding time of 12 hours, weekly profits of $2.2 million, a monthly win rate exceeding 80%, and weekly trading volume reaching $518 million.