「Lightning Backhand」 Whale Liquidates ETH Short, Adds to BTC Short Position with $330k Unrealized Loss

BlockBeats News, January 28th, according to HyperInsight monitoring, the "Lightning Reversal" whale (0x50b30) closed an ETH short position and added to a short position on BTC 2 hours ago, currently shorting 794.98 BTC with 20x leverage, with an average entry price of $88,738.9, and unrealized loss of $330,000.

This address is known for its rapid long-to-short switches, often engaging in large-scale reverse trading immediately after closing positions.