Recently, the cryptocurrency market has stirred again, and the actions of a well-known trader have garnered widespread attention. This trader achieved significant profits in the Ethereum (ETH) market, making a profit of 1.47 million dollars in just one night from going long on ETH trades. Subsequently, as ETH continued its upward trend, he chose to increase his long position in ETH.

However, this trader's strategy is not one-dimensional. While increasing his long position in ETH, he also chose to go short on Bitcoin (BTC). This action seems to reflect his optimistic attitude towards the continued rise of the ETH/BTC exchange rate.

Currently, the trader's position is as follows:
1. Go short 500 BTC with 40x leverage, position value approximately 60 million USD, opening price at 119,484 USD, liquidation price at 130,816 USD.
2. Go long 10,000 ETH with 15x leverage, the position value is approximately 46.22 million USD, the opening price is $4,588, and the liquidation price is $4,064.

This large-scale, high-leverage operation reflects the trader's strong judgment on market trends. However, it is worth noting that high-leverage trading also comes with high risks, and any significant market fluctuations can have a major impact on these positions.

The high volatility and complexity of the cryptocurrency market require traders to possess deep market insight and risk management skills. This trader's operations undoubtedly showcase his unique insights into the market, while also highlighting the inherent high-risk characteristics of cryptocurrency trading.

For ordinary investors, such high leverage and large transaction strategies are not applicable. Before making any investment decisions, one should fully understand the market risks and develop appropriate investment strategies based on their own risk tolerance.