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「Ultimate Shorter」 Whale Goes 20x Short on Bitcoin, Unrealized Gain Exceeds $30 Million, Profits $9 Million Only from Funding Rate

BlockBeats News, November 21st, according to OnchainLens monitoring, a certain "Ultimate Bear" whale holds a 20x Bitcoin short position, currently with a unrealized profit of $30 million, and has received over $9 million in revenue from funding fees. Their entry price was $11.14k, with a position size of 1231 BTC.

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On-Chain Activity

1h ago

MRVL was officially included in the S&P 500 today. This development has led to on-chain whales accumulating positions in the pre-market session.

1h ago

Intellectual Spectrum Launches On-Chain Contract, Sees Daily Price Surge Followed by Retracement; Short-Term Bear Enters 5x Leveraged Intraday Short Position

1h ago

Since reaching its all-time high, SpaceX's market value has fallen by 21%, with large on-chain SPCX holders holding 71.7% in short positions.

1h ago

SK Hynix briefly became South Korea's largest company by market capitalization, with the largest on-chain short position currently at a $3.7 million unrealized loss.

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