「Hedging Short」 Whale Buys Spot Market Dip to Open Short Futures Contract, Realizing a Floating Profit of Over $5.6 Million in the Past Week
BlockBeats News, November 5th, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the smart money address recommended today, starting with 0xcac, the recent whale has been continuously averaging down through spot BTC and ETH, opening short positions at contract highs to hedge against mainstream coins to achieve stable profits. Currently, its total contract position size is around $35.23 million, with a total account unrealized profit of $9.9 million (about 502%), weekly profit exceeding $5.6 million, and monthly profit reaching $22.12 million. The maximum drawdown this week is only 3.7%.
According to monitoring, the address's current major short positions are: 20x BTC $15.9 million, unrealized profit $2.8 million (351%); 20x ETH $14.6 million, unrealized profit $5.44 million (744%); 20x HYPE $4.12 million, unrealized profit $1.43 million (346%). In the past six months, a total profit of $10.65 million was recorded through spot + contract hedging, with a monthly profit of $2.2 million.
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