「Ultimate Shorter」 closed their short position for the first time this month, taking profit on their BTC short. The current position size is approximately $103 million.
BlockBeats News, November 25th, according to Coinbob Popular Address Monitor, in the past 1 hour, the "Ultimate Bear" whale (0x5D2) has been continuously closing short positions on BTC to take profit. Currently, about $4.3 million has been closed, recording a profit of $1.17 million, with a remaining unrealized profit of $28.15 million. In addition, its current position size is about $103 million, with an average price of $111,500 and a liquidation price of $94,800. Currently ranked TOP 1 in BTC short positions on Hyperliquid.
According to monitoring, this address has continuously withdrawn account margin of about $34.09 million this month and transferred a total of $40 million to a Binance wallet, with a minor deposit of $3 million today to raise the average price.
In previous news, this address has opened BTC short positions in large amounts 4 times this year, all resulting in losses totaling about $5.48 million. This BTC short position partially closed to take profit on November 10th, with 40% of the position, recording a profit of about $5.17 million. The current funding rate settlement has realized a profit of $9.32 million.
You may also like

Arm Chips In-House: Rewire News Brief

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn

CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs

Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP

What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?

SIREN, another leveraged scam

Token has become extremely popular, and the blockchain is very sad

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

When gold is no longer a safe haven, and Bitcoin continues to panic

