"1011 Insider Whale" Partially Closes ETH and BTC Long Positions Again, Floating Loss Still Exceeds $50 Million

According to Onchain Lens monitoring, the "1011 Insider Whale" has once again partially closed its 5x leveraged long positions on ETH and BTC, realizing a loss of approximately $9.73 million from this closure. Its remaining positions are still in a floating loss state, with an unrealized loss of about $50.94 million.

Meanwhile, over the past 24 hours, this address purchased 148,000 ETH from Binance, valued at approximately $397 million, indicating that while reducing high-leverage long positions, it continues to increase its exposure to ETH through spot purchases.