Haha, unbelievable~ Only 50 minutes ago I was just talking about the swing trader's short position gains, and he started to close out the remaining half of his position 😂 Bro, are you really not paying attention to me?

He started closing his position just a few minutes after I posted this tweet. Now he has completely closed it.

Summary: His ETH short position went from a floating loss of $5 million to a profit of $2.79 million.

Additionally, the bro has also achieved a total profit of over $10 million through 25 swing trades (20 profitable and 5 losing).

Let's clarify his ETH short trading process, which is quite interesting:

1. He started borrowing ETH from Aave and shorting ETH from the 2nd, ultimately shorting 21,600 ETH with an average selling price of $3,458. The total position value reached $120 million.

2. However, the market was doing well a few days ago, and ETH kept rising, eventually hitting $3,700 in the early hours of the 7th. At that time, his short position had a floating loss of $5 million (his position health rate was only 1.1; if ETH broke $4,000, his position would be liquidated).

3. The market turned on the evening of the 7th with a downturn. Bro's position returned to break-even in the early hours of the 8th, and after breaking even, he offloaded half of his position to prevent ETH from suddenly rising again and getting trapped.

4. Today the market continued to decline, and bro closed the other half of his position as well. Ultimately, his ETH short position went from a floating loss of $5 million to a profit of $2.79 million.

The swing trader uses these 2 addresses for swing trading:

0x6c2a355929ee1262305e385ad49b84fe5f5a4777

0x2c89a2ee92b9870f55989b4132a58c0e85222d86