According to Lookonchain, a Bitcoin OG closed most BTC and ETH short positions within 30 hours, realizing over $160M in profit and leaving 821.6 BTC shorts valued at about $92M outstanding (source: Lookonchain). Based on Lookonchain's report of this large short unwind, traders in BTC and ETH can monitor funding rates, open interest, and liquidity around key levels for follow-through activity from the remaining short exposure (source: Lookonchain).