A prominent crypto investor who previously suffered losses of $35.84 million due to an Ethereum long position has shifted their strategy to short-selling Bitcoin (BTC) and initiated new short positions in Ethereum (ETH). This investor now holds a considerable short position worth $200 million, generating a floating profit of $1.5 million. Their strategies involve substantial leverage, with notable examples including: 25x leverage shorts on 1,351 BTC, valued at $150 million, and an entry price of $111,292 with a liquidation price of $114,770; and a 15x leverage short on 11,800 ETH, worth $50 million, with an entry price of $4,278 and a liquidation price of $4,798.