The "1011 Short-Selling Insider" has closed his ETH short position and made a profit of $55,000.

On-chain analyst monitoring shows that a major player opened a 5x short position of 5000 ETH yesterday and closed the position within just 6 hours, making a profit of $55,000 at a closing price of $2989.85. However, the $10.83 million USDC margin remains in the contract account.