A whale executed a lightning-fast reversal, taking profits on its BTC long positions while shorting ETH and incurring a floating loss of $280,000.

The "lightning reversal" whale just closed its BTC long position, realizing a profit of $5,300. It is still shorting 11,694.63 ETH with 14x leverage, with an average entry price of $3,088.64 and a floating loss of $280,000.