A savvy trader just banked another impressive win. After closing a 1,000 BTC short position valued at $89.6M with a crisp $960K gain, they pivoted into a long bet—stacking 358.86 BTC worth $32.2M. The move reflects calculated risk management in today's volatile Bitcoin market. With cumulative profits now hitting $23.2M, this trader continues to demonstrate why whale-watching matters. Such large position swaps often signal conviction shifts at key price levels, making them worth monitoring for clues about where BTC might head next.