Address shorting ETH with 25x leverage has closed its positi
According to monitoring by on-chain analyst Ai Yi, an address opened a 25x ETH short position at an average price of $2,311.92, with a position of 9,700 ETH, worth about $22.46 million; it closed at an average price of $2,239.5, making a $692,000 profit in five days. During the period, unrealized profit once reached $1.337 million, and total account profit was $7.57 million.
Event Timeline
- [10-31 03:41] An address that made $692,000 in five days with a 25x leveraged ETH short closed its position (Odaily Planet Daily)
- [10-31 03:45] The address that previously shorted ETH with 25x leverage had closed its position, making $692,000 in five days (PANews)
Background and Impact
According to successive reports by Odaily Planet Daily and PANews on October 31, 2026, on-chain analyst Ai Yi monitored that an address that had previously shorted ETH in a high-profile manner had completed closing its position. The address opened a 25x leveraged ETH short at an average price of $2,311.92, with a position of 9,700 ETH, worth about $22.46 million; during the rebound after an ETH pullback, it closed at an average price of $2,239.5, making a $692,000 profit in five days. Odaily said the closing occurred at "18:33 yesterday", while PANews added that the address is 0xaea…c2416 and opened this short on October 27.
The two materials are consistent on key figures such as opening price, closing price, position size, and profit; the information is complementary, with no obvious conflict. In addition to realized profit, the address once had unrealized profit of $1.337 million during this period and finally realized $692,000; total account profit has now increased to $7.57 million. Both reports note that the data comes from Ai Yi's on-chain monitoring.
From the timeline, this 25x leveraged short position was open from October 27 to closing for about five days, and the closing occurred during the rebound after an ETH pullback. The profit and loss of a high-leverage position is sensitive to price fluctuations; the gap between the $1.337 million unrealized profit and the final $692,000 profit reflects the erosion of short position profit by the price rebound before closing; however, the materials did not disclose whether the address continued to open positions afterward, nor did they explain what impact its operations had on other market participants.
For market observers, records of such large on-chain leveraged positions being closed are more of a sample for observing short-term leverage sentiment and risk management, and cannot alone explain ETH price action. Some users may follow the market through entry points such as Huobi HTX registration APP download, Gate.io registration APP download, Bitget registration APP download, Binance registration APP download, and OKX registration APP download, but the profit data of a single address does not constitute investment advice; subsequent information should still be based on public on-chain data and market information.
FAQ
### Does this closing mean ETH shorts have already exited?
The materials only show that address 0xaea…c2416 closed a