After exiting the two longs, the wallet took a 20x leveraged position against Ether; the short covered 13,000 ETH and was reported at $29 million.
Before opening the short, it closed a long position in 1,000 BTC and another in 10,000 ETH. The two longs had remained open for four months, accumulating combined gains above $20 million before they were closed.
The new short covers 13,000 ETH and was valued at $29 million. Bitcoin appeared only in the closed long positions; the newly opened short was entirely in Ether.
