After the Whale with the address starting with 0x3fc closes the BTC short order, it opens a long order for ETH, with a holdings scale exceeding 9 million USD.

On October 24, according to HyperInsight monitoring, in the past 2 hours, a Whale address starting with 0x3fc opened a 12x leveraged ETH long order at an average price of $3859, with a notional value of $9.05 million, and has placed a take profit order at $4135, with a current liquidation price of $3609. Additionally, the address opened a nearly $35 million BTC short order yesterday at 14:00 at an average price of about $109.6 thousand, which was closed for take profit at 5:00 this morning. Although this transaction was profitable, the address has shorted BTC multiple times in the past week, with the largest loss exceeding $2 million from a trade opened on the 21st, and the current cumulative loss still reaching $4.66 million. Furthermore, monitoring shows that among the Whales who opened new ETH positions in the past four hours, the Long-Short Ratio is approximately 50.9:40.1, which includes the “BTC OG” Whale associated address that opened a new ETH long order 4 hours ago.