A whale's reversal story has just played out recently. This long position trader holding 230 million in funds was still carrying a 74 million unrealized loss half a month ago, but has now turned around and closed the position, with an unrealized profit of 26.82 million, and a rebound gain of over 100 million dollars.

Interestingly, the market trend did not follow the script many people expected — earlier, everyone was waiting for a sharp decline to wipe out the longs, even estimating it could drop to the 2100 level. But what happened? The rebound came so directly😂

As of now, the value of this big trader’s long positions has expanded to 825 million dollars. From passive pressure to active profit-taking, the change in this market trend indeed caught many people off guard.