Lightning reduces ETH long positions in Giant Whale, with a total floating loss of 5.7 million USD

According to Hyperinsight monitoring, the whale immediately started to go long after closing its BTC short position on January 5. This morning, it reduced its ETH short position, realizing a loss of $578,000. The current positions are as follows: 20x leverage long on 1,569.29 BTC (approximately $142 million), with an average entry price of $93,838.7, resulting in an unrealized loss of $4.218 million; 14x leverage long on 11,757.76 ETH (approximately $36.94 million), with an average entry price of $3,284.08, resulting in an unrealized loss of $1.483 million.