According to @ai_9684xtpa, a trader referred to as “1011 开空内幕大佬” closed long exposure yesterday and switched to a 5x short on ETH, opening 5,000 ETH at an entry price of $3,001.81 with a reported notional value of approximately $15.02 million; source: @ai_9684xtpa on X, Nov 29, 2025. The author adds that this appears to be an initial head position and the trader may still be in observation mode; source: @ai_9684xtpa on X, Nov 29, 2025.