Ultimate short position: BTC short positions continue to take profits, and funding rate settlement has yielded approximately $10 million in profit.
According to Coinbob monitoring, the ultimate short seller has closed some BTC short positions in the past 6 hours, with a profit of approximately $2.32 million and a total scale of $5.46 million. Since November, this address has closed positions at lows five consecutive times, with the total BTC short position decreasing by about $120 million. Currently, it still holds $8.6 million in shorts, with an unrealized profit of $3.65 million. This whale has shifted its strategy since May, continuously reducing holdings to lock in profits.
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This one is good. And closed his shorts in time.