According to CoinMeta, the floating loss on the short position of ETH has narrowed from approximately $11.052 million (-34.52%) to about $8.882 million (-28.38%). The average price of this short position is $1,700.06, the current coin price is $1,877.69, and the liquidation price is $2,182.69, with a holding size of $93.885 million. This large trader often profits from range trading, adopting a strategy of low leverage and short-term holding periods (with an average holding of about 20 hours), mainly trading in large volumes of BTC and ETH. Since October, they have accumulated profits of over $20 million.