"Lightning Reverse" whale closes ETH short position, adds to short BTC with unrealized loss of $330,000

ETH-1,34%
BTC-0,67%

BlockBeats News, January 28, According to HyperInsight monitoring, the “Lightning Reversal” whale (0x50b30) closed ETH short positions and added to short BTC positions 2 hours ago. Currently, they are short 794.98 BTC with 20x leverage, with an entry average price of $88,738.9, and an unrealized loss of $330,000.

This address is known for its extremely rapid long-short switching, often immediately opening large-scale reverse positions after closing a position.

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