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Trader pension-usdt.eth closed 1000 BTC short positions and switched to going long
According to Foresight News, trader pension-usdt.eth closed 1000 BTC shorts, earning $960,000, and then switched to going long with 358.86 BTC. Currently, their total profit has reached $23.2 million.
Comment: After the trader's short positions are closed for profit, switching to long—can this be interpreted as a sign of weakening bearish momentum and a potential opportunity for bulls to rally?