Lookonchain APP

App Store

"The '20 Million Bandit' PEPE Short Position has a take-profit level of approximately $1.2 million, with profits exceeding $360,000"

2026.01.15 17:17:39

On Jan 15, HyperInsight monitoring (via its Telegram channel @HyperInsight) revealed that the address tagged the "20 Million Bandit" (0x880a) executed a partial take-profit on its PEPE short position: it reduced its PEPE shorts by 144 million tokens, worth ~$1.217 million. After this move, the address still holds ~$3.43 million in PEPE short positions. The position’s current floating profit is ~$360,600, with a 105.14% return rate. Its average holding price and PEPE’s current price both hover around $0.01, while the liquidation price is $0.051. Noted for its high-frequency, multi-currency arbitrage strategy, the address has an average holding time of ~20 hours. Since last October, with ~$20 million in initial capital, it has racked up nearly $100 million in profits.
Relevant content

The A-share market declined, with the Shanghai Composite Index falling 1.3% and the ChiNext Index plunging 3.4% intraday.

According to Bitget market data, China’s A-share market is in a downtrend: the Shanghai Composite Index fell 1.3% to 3762 points, the Shenzhen Component Index dropped 2.64%, the ChiNext Index fell below the 3000-point mark, down 3.4% on the day. The Beijing Stock Exchange 50 Index also slipped below the 1000-point level, hitting its lowest point since January 2025.

3 minutes ago

SpaceX will acquire mobile spectrum licenses from Grain Management for approximately $8 billion in cash.

According to a report from The Wall Street Journal, SpaceX will acquire mobile spectrum licenses from Grain Management for approximately $8 billion in cash.

3 minutes ago

Machi loses $8.44M in a week as account value drops below $1M, holds 9,950 $ETH long at $2,431.59 liquidation price

Machi(@machibigbrother) has lost $8.44M in just one week! As the market drops, his account value has fallen below $1M again. He currently holds a 9,950 $ETH ($24.68M) long, with a new liquidation price of $2,431.59.

3 minutes ago

F2Pool co-founder Wang Chun sold 235.5 WBTC and exchanged it for 7848.5 ETH.

According to Yuqing Monitoring, F2Pool co-founder Wang Chun converted 235.5 WBTC (worth approximately $19.31 million) into 7848.5 ETH on-chain after the crypto market slumped in the early hours.

3 minutes ago

Bitcoin rebounds to break through $82,000.

According to HTX market data, Bitcoin has rebounded to break through $82,000, currently trading at $82,002, with its 24-hour decline narrowing to 1.38%.

3 minutes ago

Spot gold rose 1% intraday.

According to Bitget's market data, spot gold has gained 1.00% intraday, currently trading at $4175.13 per ounce, hitting a 3-day high.

3 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano