ETH long whale gains $3.31 million, then turns back to hold $48.7 million short position

AiCoin Smart Money data shows that Whale 0xa61c... 66b9 recently completed two rounds of ETH long trades, achieving profits of $2.5751 million and $735100 respectively. After clearing the long positions on September 18th, the address began to reverse its position and open ETH positions. It is worth noting that the whale placed 66 sell orders on September 15th, betting between $2687 and $2876, but ultimately withdrew all orders. On the evening of September 18th, 0xa61c rearranged the ladder sales order; As ETH rises, lower priced orders are gradually being executed, and short positions are also expanding. At present, the address holds a short position of 17800 ETH worth $48.7 million, with an average opening price of $2634.41, a floating loss of $1.7295 million, and a strong parity of $2917.52. There are still 16 pending sell orders, concentrated in the range of $2810.30 to $2876, totaling 6901.43 ETH and worth $19.6289 million. If all of these non reduction orders are executed, their ETH short position will increase to 24700. In addition, the address also holds a $11.45 million ZEC short position and a $59500 SOL short position, with all current perpetual contract positions being short. Whale address: 0xa61c57d0d1a83c02542092b431999b9870dd66b9