Data: Lightning reverse hand giant whale closed BTC short position, loss of 496,000 USD

According to HyperInsight monitoring, the whale (0x50b30) closed a BTC short position at 17:37, incurring a loss of $496,000, and immediately went long 2,536.53 ETH (approximately $7.63 million) with 25x leverage while simultaneously shorting 84.47 BTC (approximately $7.54 million) with 20x leverage, opening a hedging position.

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