According to BlockBeats On-chain Detection, a prominent cryptocurrency address known as 'Air Force Commander' (0x343) has recently achieved significant profits through large-scale short positions. Over the past week, this address has accumulated nearly $150 million in profits, maintaining a high success rate in shorting BTC, ETH, and SOL.
The address primarily engages in high-leverage short selling, with the current nominal value of perpetual contracts reaching $29.81 million and an overall leverage exceeding 12 times. Notably, the BTC short position alone amounts to $16.6 million with a leverage of 40 times. The trading strategy focuses on medium to short-term swings, with an average holding period of approximately 34 hours. The trader demonstrates a strong risk management approach by strategically building positions at key levels and swiftly transferring profits to secure them. In the past two months, $150 million USDC has been moved from contract accounts to spot holdings, showcasing effective fund management.
While the address predominantly follows a bearish trend, it occasionally engages in short-term rebound trades in SOL and BTC, which can temporarily reduce its overall success rate. However, the primary profits are derived from substantial short positions in major cryptocurrencies, with minor losses occasionally occurring in altcoins. Despite these fluctuations, the address consistently demonstrates accurate trend predictions.
Catherine
