The trader closed a 125 BTC long position, losing $404,000, and immediately went short

BlockBeats News, January 19th, according to Hyperinsight monitoring, a trader closed a long position of 125 BTC at 14:11, realizing a loss of $404,000, immediately went short, currently shorting 75 BTC with 10x leverage (about $6.95 million), with an average opening price of $92,388.7, and an unrealized loss of $25,000.

The address mainly trades BTC perpetual contracts in cross margin mode, frequently conducting large opening and closing operations, with an aggressive trading style, and has made a total profit of $2.93 million over the entire period.