Data: Lightning backhand giant whale closed ETH short position, increased short position on BTC with a floating loss of 330,000 USD

According to HyperInsight monitoring, the Lightning Backhand Whale (0x50b30) closed its ETH short position and increased its BTC short position 2 hours ago, currently shorting 794.98 BTC with 20x leverage, at an average entry price of $88,738.9, with an unrealized loss of $330,000. This address is known for its rapid switching between long and short positions, often making large reverse positions immediately after closing.