Data: Lightning backhand giant whale flattens ETH long positions, temporarily increasing holdings by 4.09 million USD

According to monitoring by Hyperinsight, the whale address marked as "Lightning Backhand" (0x50b3…) has adjusted its ETH long position by adding 1,308.04 ETH long contracts, valued at approximately $4.0974 million.

After this operation, the average price of its ETH long position slightly decreased from $3,131.26 to $3,129.91, with a total position size reaching $10.681 million. The current floating loss for this position is approximately $3,803.91, with a loss percentage of 0.5%, and the liquidation price is $2,229.79. This address is known for its rapid switching between long and short positions, and its trading pattern typically involves closing positions and then immediately building large positions in the opposite direction, showcasing a high-frequency reversal trading style.