"The '20 Million Bandit' PEPE Short Position has a take-profit level of approximately $1.2 million, with profits exceeding $360,000"

By: theblockbeats.news|2026/03/29 21:39:06
0
Share
copy

BlockBeats News, January 15th, according to HyperInsight monitoring, the address identified as the "20 Million Bandit" (0x880a) executed a take-profit operation on its PEPE short position, reducing 144 million PEPE shorts, worth approximately $1.2169 million.

After this partial profit-taking, its PEPE short position still holds about $3.4299 million. The current floating profit of this position is approximately $0.3606 million, with a return rate of 105.14%. The average holding price and the current price are both around $0.01, with a liquidation price of $0.051.

This address is known for its high-frequency, multi-currency arbitrage trading style, with an average holding time of about 20 hours. Since October last year, with approximately $20 million in principal, it has accumulated profits of nearly $100 million.

You may also like

Morning Report | One week after the full implementation of the EU MiCA, 21 stablecoin issuers and over 270 crypto service providers have obtained regulatory qualifications; Microsoft lays off 4,800 employees, with Xbox accounting for about 3,200 of the...

July 7 Market Important Events Overview

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

How has Binance's stock business performed in the 30 days since its launch?

Emerging market buying supported the first wave of demand.

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Founder of Baixing.com: I believe half of the statement that large language models devour everything

The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com