「Lightning Network Backhand」 Whale Liquidates 354.87 BTC Short Position, Profits $53,000

BlockBeats News, January 23rd, according to HyperInsight monitoring, the "Lightning Reversal" whale (0x50b30) closed a 354.87 BTC short position at 13:29, earning $53,000. The address currently holds no position and is waiting on the sidelines.

This address quickly switches between long and short positions, typically swiftly opening a large position in the opposite direction after closing.