A prominent trader known as "20 million bandit hunter" has continued to reduce their short position in Monero (XMR), according to HyperInsight Monitoring. Despite the reduction, the trader remains the largest on-chain XMR short position holder. Currently, the trader is shorting 20,725.26 XMR at 5x leverage, valued at approximately $9.71 million, with an average entry price of $526.85. The position has yielded a floating profit of $1.2 million. The address, identified as 0x880a, is known for its aggressive trading style, utilizing high leverage for short-term operations. Over time, this strategy has resulted in total profits of $104.9 million, highlighting the trader's expertise in navigating volatile markets.