[Total loss of approximately $38.8 million: An address switched from a long to a short position in BTC, currently holding approximately $28.2 million in short positions] According to Odaily monitoring, an address switched from a long to a short position in BTC between 11:20 and 12:28 today. It first closed a long position of approximately 377.86 BTC, worth approximately $27.86 million, and then opened a short position of approximately 382.84 BTC, worth approximately $28.2 million. Its contract account has accumulated a loss of approximately $38.8 million. Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925