「Whale Long-Term BTC Short」 Reduces Position by 110 BTC Shorts, Still Holding $10.72M Profit

BlockBeats News, January 31st, according to HyperInsight monitoring, the "Long-Term BTC Bear" whale (0x5d2f4) has been continuously reducing its BTC short position for the past 10 hours, currently maintaining a 20x leveraged short position of 389.91 BTC, with a current unrealized gain of $10.72 million.

This whale entered a 20x leveraged short position of 499.91 BTC when Bitcoin was at $111,499.3, and has so far collected $9.9967 million through funding fee settlements.