According to Odaily monitoring, a certain contract address has accumulated over $128 million in profits. Between 21:37 and 22:01 on October 17, the address reduced its ETH short position by approximately $10.35 million, closing the position at a loss of about $207,000. As of 22:11, its ETH short position was worth approximately $198 million, down from about $208 million previously. The address’s activity shows it continuing to adjust its short positions at elevated price levels, while maintaining substantial overall short exposure.

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