"Lightning Reverse" whale flattens ETH long positions, increases holdings by $4.09 million in a short period

ETH-0,54%

BlockBeats News, January 13th, according to Hyperinsight monitoring, the whale address marked as “Lightning Reversal” (0x50b3…) has flattened its ETH long positions, increasing by 1,308.04 ETH longs, worth approximately $4,097,400.

After this operation, its average ETH long position price slightly decreased from $3,131.26 to $3,129.91, with a total position size of $10,681,000. The current floating loss on this position is about $3,803.91, with a loss percentage of 0.50%, and a liquidation price of $2,229.79.

This address is known for its extremely rapid long-short switching speed. Its typical operation mode is to close positions and immediately open large positions in the opposite direction, demonstrating a high-frequency reversal trading style.

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