Woofun AI data shows that whale address "sat0shi777" executed simultaneous long and short positions totaling approximately $102 million. On June 24th, the entity opened a 468 BTC long position at an average price of $62,729, valued at roughly $29.38 million. Following a Bitcoin price decline below $60,000, this position currently carries a floating loss of about $1.86 million.

Subsequently, during bearish market conditions, the whale established a short position of 47,500 ETH at an average price of $1,536, with a value of approximately $72.94 million. As ETH failed to continue its downward trajectory, the short position now reflects a floating loss of about $1.23 million. The combined portfolio faces a total floating loss exceeding $3.09 million.