Data: A certain whale closed a long position of 100 million USD, making a profit of 17.78 million USD, and then opened a short position of 20,000 ETH

According to on-chain analyst Yu Jin (@EmberCN), a whale holding long positions in BTC and ETH for nearly 4 months has turned bearish after the Binance theft incident, closing all long positions worth approximately 100 million dollars, realizing a profit of about 17.78 million dollars.

Subsequently, they opened a short position of 20,000 ETH at a price of 2,228 dollars, worth approximately 44.6 million dollars. This address opened a long position of 1,000 BTC at 62,353 dollars and a long position of 10,000 ETH at 1,762 dollars in early July.