A major whale closed its long position and opened a short position; it is currently up $209,000.

According to on-chain analytics platform Lookonchain (@lookonchain), a whale previously opened a long position of 325.88 BTC (approximately $23.22 million) with 30x leverage, with a liquidation price of $70,092.20. Subsequently, this address closed its long position at a loss and quickly reversed to open a short position of 288.69 BTC (approximately $20.4 million). It currently holds an unrealized profit of $209,000, with the current short position’s liquidation price at $72,782.34.