Data: "Lightning Backhand" whale simultaneously shorts BTC and ETH with a floating loss of over 1 million dollars

According to HyperInsight monitoring, the "Lightning Backhand" whale (0x50b30) shorted 684.54 BTC with 20x leverage, with an average entry price of $87,428.6, currently facing an unrealized loss of $700,000; and shorted 10,112.2 ETH with 25x leverage, with an average entry price of $2,898.77, currently facing an unrealized loss of $339,000.

This address is known for its rapid switching between long and short positions, often making large reverse positions immediately after closing.