Recently, a large account has attracted attention. According to on-chain monitoring data, this address has been continuously adjusting its positions since yesterday—buying the dip on ETH while shorting BTC. The seemingly contradictory actions may reflect subtle changes in market sentiment.

Specifically, the account currently holds 27,304 ETH (equivalent to approximately $80.04 million), with an average entry price around $2,931.9, currently showing an unrealized loss of $5,543. At the same time, a short position of 250.36 BTC has also been opened (scale of $21.91 million), with an entry at $87,334.2, temporarily losing $46,000.

This is not a new retail investor. Since July, through continuous trading, this account has accumulated a profit of $3.638 million. Such a large-scale operator still chooses to adopt a dual-direction strategy in the current market, which may be worth noting for market participants. Whether bullish or bearish, changes in large investors' positions often reflect their short-term market outlook.