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「Lightning Backhand」 Whale Liquidates ETH Short, Adds to BTC Short Position with $330k Unrealized Loss
By: theblockbeats.news|2026/01/28 06:00:32
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BlockBeats News, January 28th, according to HyperInsight monitoring, the "Lightning Reversal" whale (0x50b30) closed an ETH short position and added to a short position on BTC 2 hours ago, currently shorting 794.98 BTC with 20x leverage, with an average entry price of $88,738.9, and unrealized loss of $330,000.
This address is known for its rapid long-to-short switches, often engaging in large-scale reverse trading immediately after closing positions.
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