The "20 Million Swing Trader" took profit on his ETH long positions, reducing his holdings to $1,096,500.

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The '20 Million Swing Trader' sold 155.17 ETH worth $366,100, reducing his ETH holdings to $1,096,500. He currently has a $9,600 profit and has made nearly $100 million since October.

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EthereumLayer 1Smart ContractsY20 Million Swing TraderETH long positionprofit-takingswing tradingcryptocurrency
According to Mars Finance, on February 4th, Hyperinsight monitoring showed that the address "20 Million Swing Trader" (0x880a…) executed a profit-taking operation on its ETH long position, reducing its holdings by 155.17 ETH long positions, worth approximately $366,100. After this operation, the total value of its ETH long position decreased to $1,096,500. The position currently has a floating profit of approximately $9,600, a return of 10.51%, and the average holding price has slightly increased from $2,257.91 to $2,259.63. This address has long been engaged in high-frequency multi-currency swing trading, with an average holding time of about 20 hours. Since October of last year, it has accumulated profits of nearly $100 million from an initial capital of approximately $20 million.

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