Trader Closes BTC and ETH Shorts for $2.75 Million Profit

A trader closed short positions in BTC and ETH for a combined profit of $2.75 million. According to Odaily, Onchain Lens reported that the trader closed the positions five hours ago, with position values of $97.3 million and $23.24 million and profits of $1.46 million and $1.29 million, respectively. The wallet currently holds $25.55 million in open positions, with $2.8 million in unrealized profit. It has recorded $1.77 million in profit over the past 30 days and $1.62 million in cumulative losses.