「Ultimate Shorter」 Shorted Consecutively in the Short Term, BTC Short Position Reduced from $7.02M to $4.83M

BlockBeats News, February 5th, according to Coinbob Popular Address Monitor, the "Ultimate Short" address (0x5d2f...) reduced its BTC short position multiple times in about 1 hour, with a total reduction of approximately 31.57 BTC shorts, worth about $2.2456 million.

After continuous operations during this period, the total value of its BTC short position has decreased from $7.0248 million to $4.8323 million. The current unrealized profit of this position is about $2.7868 million, and the liquidation price has risen to $175,229.03 accordingly.

This address is known for establishing a BTC short position near the $12,000 price level, consistently shorting various mainstream and altcoins. The account's highest unrealized profit once reached $64 million and is still one of the largest BTC short addresses on Hyperliquid.