"The 'Ultimate Shorter' Whale has readjusted their take-profit area to $75,000, withdrawing a total of $22.09 million in collateral this month."

BlockBeats News, November 21st, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the "Ultimate Bear" whale (0x5D2) had previously opened a 20x BTC short position on May 9th, which is now showing an unrealized profit of over $31 million. On the 14th, the address had placed a take-profit limit order at $89,000 to $91,000, but recently withdrew that order and placed a new take-profit order at $75,000 to $79,000. This month, it has continuously withdrawn about $22.09 million in account margin and transferred a total of $28 million to a Binance wallet.

The address currently holds a position of approximately $106 million with an average price of $111,500 per BTC. The liquidation price has decreased from $105,700 to $101,000 in the past week. It currently holds the #1 BTC short position on Hyperliquid.

Prior to this, as reported by Hyperinsight, this address had opened significant BTC short positions four times this year, all of which incurred losses totaling around $5.48 million. After partially closing and taking profits on 40% of the position after October 11th, it realized a profit of approximately $5.17 million from this current BTC short position.