According to ChainCatcher, citing monitoring by lookonchain, some of the BTC and ETH long positions held by address 0x0558 were liquidated due to the market downturn. The address has now fully closed its ETH long positions and currently still holds 640 BTC long positions, valued at $72.3 million.
Five days ago, the total profit exceeded $18 million, but now only $494,700 remains—almost all gains have evaporated.