Giant Whale closes ETH short position and opens MEGA long position with floating loss exceeding $840000

According to Onchain Lens monitoring, a certain whale has closed ETH short orders in the past three days and opened more than twice as many MEGA orders worth $120 million, with a current floating loss of over $840000. The current market value of MEGA is $1.5 million, with an opening price of $0.197 and a closing price of $0.0011045.