Whale Emergency "Leveraged Long Flip": 40x BTC Short Flipped to Long, Current Position Size Over $8 Million

BlockBeats News, April 8th, according to Hyperinsight monitoring, market volatility intensified. A whale with an address starting with 0xf51 rapidly adjusted its position within just 10 minutes, switching its previously opened 40x leveraged BTC short position to a long position and then slightly reducing its position. Currently, the address still holds a long position of about $8 million in BTC, with an average entry price of $71,961, currently at a floating loss.
In addition, this whale also holds a 20x leveraged SOL short position worth about $4 million and a xyz:XYZ100 short position worth about $1.8 million. These positions are currently all slightly in the red.