Giant Whale 'Lightning Backhand' reduces position in BTC multi order account, resulting in a floating loss of $930000

According to HyperInsight data, the "Lightning Backhand" (address starting with 0x50b3) giant whale reduced its position in BTC multiple orders today and currently holds a total of 11.8927 BTC (approximately $1.09 million) with 20 times leverage multiple orders, with a floating profit of $17000; Simultaneously holding 14 times leverage short positions totaling 11366.46 ETH, with an average opening price of $3073.66 and a floating loss of $949000.