The wave trader still hasn't closed half of his ETH short position, and is currently holding a floating profit of $2.45 million.
In the early hours of the 7th, his ETH short position was still at a floating loss of nearly $5 million. With the decline over the past two days, he has turned from a loss to a profit, currently holding a floating profit of $2.45 million (if he hadn't closed half of the position yesterday morning, he would now be floating at a profit of $4.9 million).