Previously, the brother who made a profit of 16.28 million USD from closing a long position, just opened a 25x short position at the ETH price of 4699 USD, with a position size of approximately 5.64 million USD.

This is the first short position opened by the brother since officially announcing his return to the cryptocurrency market. He had been continuously adding and adjusting long positions before this.

Last time, the brother faced a loss of 14.6 million USD from his long position and almost lost everything. It is uncertain how this short position will turn out.