Following the recent flash crash, a shift in trading strategy among high-net-worth entities has become evident. Ai Yi, an on-chain analyst, reported that the trader known for maintaining a 25x long position on Ethereum after the October 11th crash has reversed their stance and now aims to profit through shorting the cryptocurrency. This move came after the trader closed their remaining long position of 19,383.25 ETH in batches, resulting in a loss of $6.646 million. They subsequently initiated a leveraged short position of 25x, which currently stands at approximately 18,802.51 ETH, and is valued at around $61.45 million. This position has an unrealized profit of $1.3 million according to current market conditions.