「Lightning Backhand」 Whale Takes Profit on $7.6 Million Long Position in BTC, ETH Long Liquidated

On January 13, per HyperInsight monitoring data, the whale address dubbed the "Lightning U-turn" executed two simultaneous opposite-direction transactions. First, the address took partial profit on its BTC long position by selling 83.21 BTC, valued at roughly $7.607 million. Post-transaction, the average entry price of its BTC long position edged up to $92,062.90, with an unrealized profit of about $1,515 and a remaining position size of $17.3879 million. At the same time, the address’s ETH long position was fully liquidated (forced liquidation). Prior to liquidation, the ETH long position measured $10.681 million. Notably, this address is known for lightning-fast long-to-short shifts, typically opening a large short position immediately after closing a long position.