The long positions established at the starting point of BTC's current rally have reversed, shorting after securing $20 million in profits.

BlockBeats news, October 30th: A whale starting with 0x15a4 liquidated BTC and ETH long positions held for over a hundred days in the past hour, realizing a total closing profit of approximately $20.554 million; after deducting funding fees during the holding period of both positions and opening/closing transaction fees, the net profit is about $17.779 million.

Subsequently, the whale began to reverse and short ETH, continuously increasing the position. It now holds a short position of 20,000 ETH, valued at approximately $44.614 million, with an average price of $2,228.12, which is twice the previous ETH long position; BTC has not been re-established yet.

This address previously positioned at the July low and held through this rally:

- BTC: Established a long position of 1,000 BTC on July 6 at an average price of $62,353.65, held for about 116 days, and fully closed at an average price of $78,181.69, realizing a closing profit of approximately $15.828 million.

- ETH: Started building the position on July 8, increased to 10,000 ETH on July 14, with an overall average price of $1,761.95. About 114 days after the initial position was established, it was fully closed at an average price of $2,234.54, realizing a closing profit of approximately $4.726 million.

During the holding period, ETH once rose to $2,809.5, about 59.5% higher than its cost; the price increase realized upon this exit is about 26.8%.