A certain address made a profit of over 1.2 million US dollars on Ethereum, and then shorted Bitcoin 40 times

According to BlockBeats, on June 23rd, according to lookonchain monitoring, address 0x916E just closed its long position in Ethereum, earning $1.27 million. Subsequently, he opened a short position in Bitcoin with 40 times leverage, with a size of 1337 bitcoins (worth $135.7 million). Liquidation price: 104395.91 US dollars.