Trader 0x914b has reversed position on Ethereum after realizing a $471,000 loss shorting 14,976 ETH worth $40.97 million. The trader subsequently closed the short and immediately pivoted to a bullish stance on the asset. A new 25x leveraged long position was opened on 23,734 ETH, totaling $64.3 million in notional value. This aggressive trade carries a liquidation price of $2,650, marking a significant high-leverage bet on an ETH price recovery following the previous losses.