The "20 Million Bandit Hunter" address has executed a stop-loss on its PAXG short position, reducing its exposure by 78.14 PAXG contracts, valued at approximately $373,000. This adjustment brings the total value of the PAXG short position to about $1.494 million, with a floating loss of $151,000, equating to a 50.66% loss ratio. The average entry price for the position is $4,399.04, with a liquidation price set at $61,360.732. Known for its high-frequency trading style, this address has achieved nearly $100 million in profits since October, leveraging a principal of $20 million.
Wave Hunter Reduces PAXG Short Position Amid Losses
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