A prominent cryptocurrency address known as ‘Air Force Commander’ (0x343) has achieved significant profits exceeding $150 million through a high-leverage short selling strategy, specifically targeting major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). This trader leverages over 12 times leverage in their trading, with Bitcoin shorts alone accounting for a staggering $16.6 million at an impressive 40x leverage. The strategy focuses on short-term market fluctuations, holding positions for approximately 34 hours before swiftly transferring profits to secure them in spot holdings. This strategy is marked by effective risk management as the trader strategically builds positions at key levels and avoids overexposure. Notably, $150 million in USDC has been moved from contract accounts to spot holdings in the past two months showcasing a robust fund management approach.