Total loss of approximately $25.98 million: an address closed a short position and opened a BTC long position worth about $3.09 million

According to Odaily monitoring, a certain address's contract account has accumulated losses of approximately $25.98 million. On October 25, it closed a BTC short position worth about $1.56 million, and subsequently opened a BTC long position worth about $3.09 million. The average price for closing the short was approximately $80,822, and the average price for opening the long was approximately $80,765.

Address: 0x7b7f72a28fe109fa703eeed7984f2a8a68fedee2.