**["$20 Million Swing Trader" Takes Profit on BTC Short Position, Reduces $3.02 Million Worth of Holdings]** BlockBeats news, February 2, according to Hyperinsight monitoring, the "$20 Million Swing Trader" address (0x880a…) executed a profit-taking operation on its BTC short position, reducing 29.24 BTC shorts worth approximately $3.0226 million. After this reduction, the total value of its BTC short position dropped to $18.794 million, with the average price slightly decreasing from $81,539.30 to $81,254.10. The position currently has a floating profit of approximately $1.4409 million, with a return rate of 84.34% and a liquidation price of $117,063.41. This address has been engaging in high-frequency, multi-asset swing trading for the long term, with an average holding period of about 20 hours. Since October last year, it has turned an initial capital of approximately $20 million into nearly $100 million in cumulative profits.