"The Ultimate Shorter": BTC Short Seller Continues to Cash Out, With Over $50 Million in Liquidations This Month
BlockBeats News, December 23rd, according to Coinbob Popular Address Monitor, in the past 5 hours, the "Ultimate Short" once again closed a portion of its BTC short position, realizing a profit of approximately $1.17 million. The size of this closure was around $4.35 million. Since November, this address has executed similar profit-taking operations five times at local lows, without covering the short positions. Compared to its peak position of $136 million at the end of October, its BTC short position has now decreased by approximately $93 million, with $57 million closed within this month, showing an accelerating profit-taking trend.
Currently, this whale still holds a BTC short position of about $43.63 million, with an unrealized profit of $12.2 million (558%), an average price of $11.15k, and a liquidation price of $10.23k. In addition, it set take-profit orders in the range of $67.2k to $76.2k yesterday. Since establishing this round of BTC short positions on May 9th, this address has engaged in swing trading multiple times, but recently shifted its strategy to constant profit reduction and locking, with approximately $9.61 million in profit from funding fee settlements.
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