"1011 insider whale" closed 5,000 ETH 5x short positions, making a profit of about $55,000

According to crypto analyst Ai Yi @ai_9684xtpa's monitoring, the "1011 insider whale" has closed its short position of 5,000 ETH with 5x leverage established yesterday, with a liquidation price of approximately $2,989.85, resulting in a total profit of about $55,000.

On-chain data shows that the address currently still has a margin of 10.83 million USDC in its perpetual contract account, and it remains uncertain whether it will continue to build positions.