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An address with total profits exceeding $126 million increased its BTC short position by approximately $5.61 million

According to Odaily monitoring, a certain address's contract account has accumulated profits exceeding $126 million. Between 08:05 and 10:25 on October 19, the address first closed approximately $18.51 million worth of BTC short positions, then opened approximately $24.09 million worth of BTC short positions, net increasing its position by approximately $5.61 million, with the short position value rising from approximately $14.62 million to approximately $20.29 million; the closing of the position resulted in a loss of approximately $46,000.

Address: 0x7fdafde5cfb5465924316eced2d3715494c517d1