After closing its long positions in ETH and BTC, the giant whale on the GMX platform immediately opened a short position worth over US$2.7 million.

After the derivatives protocol GMX platform giant whale (0xe8c19db00287e3536075114b2576c70773e039bd) closed its long positions in ETH and BTC on February 11, it immediately opened a short position of 1,000 ETH with 9.7x leverage and a short position of 35 WBTC with 21.49x leverage. Open a short position of 300 WETH with 12.8x leverage. This address opened a total short position of US$2.735 million on February 11, with a current net value of US$2.575 million. The community speculates that the address may belong to MicroStrategy CFO Andrew Kang.