Drift hacker-associated addresses bet on a decline in the ETH/BTC exchange rate, with daily unrealized profits reaching $658,000.

on November 9, according to on-chain analyst Ai Yi's monitoring, an address suspected of being linked to the Drift hacker, 0x45d…c00ca, opened a 20x leveraged ETH short and BTC long position with a total value of approximately $20 million yesterday, betting on ETH weakening relative to BTC.

Around 6 AM today, both BTC and ETH experienced sharp declines, followed by a stronger rebound from BTC compared to ETH, which drove the ETH/BTC exchange rate down by 3.56%. Consequently, the unrealized gains on the paired long-short positions held by the address expanded, reaching approximately $658,000 in single-day profits.