Data: "Lightning Backhand" whale takes profit on BTC long position of about 7.6 million USD, ETH long position has been liquidated

According to monitoring by HyperInsight, the whale address marked as "Lightning Backhand" (0x50b3…) executed two opposite trades at the same time.

The address partially took profits on its BTC long position, reducing its holdings by 83.21 BTC, worth approximately 7.607 million USD. After this operation, the average price of its BTC long position slightly increased to 92,062.9 USD, with current floating profits of about 1,515 USD, and the position size still reaching 17.3879 million USD. Meanwhile, the address completely closed its ETH long position (cutting losses).

Before closing, the size of the ETH long position was 10.681 million USD. This address is known for its rapid shift between long and short positions, with a common practice of immediately building a large position in the opposite direction after closing.