A trader cut off all his BTC short orders 7 hours ago and shorted ETH again, and lost $43.33 million in one month

PANews reported on September 17 that according to the on-chain analyst Yuchen Monitor, "a trader who went long ETH lost $35.84 million and turned to short BTC" changed his target to short ETH today after losing another $7.5 million in short BTC. In just one month, he lost $43.33 million, and now there is less than $1 million left in his address. The trader started longing ETH in mid-August, but did not wait for the surge in his expected market. So in early September, ETH was too weak and stopped losing $35.84 million and turned around and opened short BTC. As a result, BTC was very hard again and did not fall. He had been short for half a month and finally couldn't hold on and closed all his positions in the early morning of this year. This lost another $7.5 million. Now he has returned to ETH, but he is not going long but short. He cut off all BTC short orders 7 hours ago and opened short ETH: Now he opened short 5432 ETH ($24.5 million) for $4,485, with a liquidation price of $4,594.