A large whale has been very active recently. After selling 255 BTC, it has also increased its short positions in BTC and ETH. Currently, this whale's total holdings amount to $109 million, with 751.38 BTC and 12,909.15 ETH in hand. It seems to be a bearish strategy, but given the current unrealized loss of over $1.8 million, this short position may not be fully in place yet. The holdings changes of such major players often influence market sentiment, as any adjustment of this size could trigger chain reactions. It is worth paying close attention to the subsequent position movements.