Address Closes 25x Leveraged ETH Short After Five Days, Nets $692,000

An address closed a 25x leveraged ETH short after five days, recording a profit of $692,000. According to ChainCatcher, citing on-chain analyst Ai Yi, the address had opened the short at an average price of $2,311.92, holding 9,700 ETH. It closed the position at an average price of $2,239.50 at 18:33 yesterday, during a rebound after ETH pulled back; its floating profit had briefly reached $1.337 million, and its total account profit rose to $7.57 million.