ChainCatcher message, according to HyperInsight monitoring, shows that a whale address labeled as “Lightning Reversal” (0x50b3…) executed two opposite transactions at the same time.
The address partially took profit on its BTC long position, reducing 83.21 BTC, worth approximately $7.607 million. After this operation, its average entry price for BTC longs slightly increased to $92,062.9, with current floating profit of about $1,515, and the position size still reaching $17.3879 million. Meanwhile, the address fully closed its ETH long position (cut losses). Before closing, the ETH long position was valued at $10.681 million. This address is known for extremely rapid long-short switching, with the typical operation being to close a position and immediately open a large position in the opposite direction.