On January 23, a significant Ethereum transaction was reported. According to BlockBeats On-chain Detection, the whale known as 'Lightning Reversal' (0x50b30) closed a long position of 1,737.71 ETH two hours ago, securing a profit of $120,000. Currently, the address holds no positions and is observing the market.

This address is known for its rapid shifts between long and short positions, often immediately establishing large positions in the opposite direction after closing a trade.