A large address has been continuously increasing its ETH short positions over the past 30 minutes. Currently, the short position has reached 18,875 ETH, equivalent to approximately $57.32 million at the current price. From the cost perspective, the average opening price for this address is $3,011.83, with an unrealized loss of $476,000. Interestingly, through funding fee collection, this address has already earned $537,000, which essentially offsets the position's loss. This also reflects the advantage that current market bears have in terms of fee income, as the positive return on funding rates provides tangible risk management benefits for large traders.