"Lightning Reverse" whale simultaneously shorts BTC and ETH with unrealized losses exceeding 1 million USD

BTC2,11%
ETH2,83%

ChainCatcher message, according to HyperInsight monitoring, the “Lightning Reverse” whale (0x50b30) shorted 684.54 BTC with 20x leverage, with an average entry price of $87,428.6, and an unrealized loss of $700,000; shorted 10,112.2 ETH with 25x leverage, with an average entry price of $2898.77, and an unrealized loss of $339,000.

This address is known for extremely rapid long-short switching, often immediately opening large-scale positions in the opposite direction after closing a position.

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