According to ChainCatcher, as monitored by crypto analyst Ai Yi, the "whale who went 25x long on ETH after the 1011 flash crash" has set up take-profit and reverse shorting plans within a certain range.
This address currently holds 15,689.44 ETH long positions and has set up staggered take-profit orders in the $4,190 to $4,914.9 range. Once ETH breaks above $4,914.9, the whale will gradually establish short positions. If the price rises to $5,555.5, it is expected that up to 14,024.37 ETH short positions will be opened, worth approximately $77.91 million.