A closely watched BTC trader reversed from bearish to bullish after closing a $45.17 million short between Aug. 24 and 25 at an $831,000 loss. The address, identified as 0x604…0b21 and tracked by on-chain analyst Ai Yi, opened a 12x long position of 554.71 BTC at $80,140.6 early Aug. 27. Valued at about $43.72 million, the trade ranked as the eighth-largest BTC position on Hyperliquid and had an unrealized loss of $748,000 at the time of the update. Earlier reporting cited different position sizes and loss estimates for the same address, including a 559.36 BTC short and a $34.59 million long.