A certain address closed multiple ETH orders, resulting in a profit loss of over 17 million US dollars in the past 5 days

According to BlockBeats, on August 2nd, according to lookonchain monitoring, some BTC and ETH long positions at address 0x0558 were liquidated due to market downturns. He has fully closed his ETH long position and currently holds a long position of 640 BTC (worth $72.3 million). Five days ago, his total profit exceeded $18 million, but now he has only $494700 left - almost all of the earnings have evaporated.