A trader recently closed a long position of 125 BTC, incurring a loss of $404,000, and swiftly transitioned to a short position. The trader is now shorting 75 BTC, valued at approximately $6.95 million, using 10x leverage at an average entry price of $92,388.7. This move has resulted in a current floating loss of $25,000. The trader is known for an aggressive strategy, primarily engaging in BTC perpetual contracts with full leverage. Despite the recent setback, the trader has accumulated a total profit of $2.93 million over their trading history, frequently executing large-scale trades.