A trader closed 125 BTC long orders and lost $404000 before opening short positions

On January 19th at 14:11 (UTC+8), according to Hyperinsight monitoring, a trader closed 125 BTC long orders and lost $404000. He then shorted 75 BTC (approximately $6.95 million) with 10 times leverage, with an average opening price of $92388.7. Currently, he has a floating loss of $25000. This address mainly trades BTC perpetual contracts in full position mode, frequently conducting large opening and closing operations, and making a profit of 2.93 million US dollars throughout the entire cycle.