BlockBeats news, on December 23, according to Coinbob's popular address monitoring, in the past 5 hours, the 'Ultimate Short' has once again closed some BTC short positions, realizing a profit of about 1.17 million USD. This closing had a scale of about 4.35 million USD. Since November, this address has executed similar profit-taking operations at local lows five times in a row, and has not replenished the short positions. Compared to its peak position of 136 million USD at the end of October, its current BTC short position has decreased by about 93 million USD, with about 57 million USD closed this month, showing an accelerated profit-taking trend.
Currently, this giant whale still holds a BTC short position of about 43.63 million USD, with an unrealized profit of 12.2 million USD (558%), an average price of 111.5 thousand USD, and a liquidation price of 102.3 thousand USD. In addition, it has set take-profit orders in the range of 67.2 thousand to 76.2 thousand USD yesterday. Since establishing this round of BTC short positions on May 9, this address has made multiple high sell and low buy operations, and the recent strategy has clearly shifted towards continuous reduction and locking in profits, with a current funding rate settlement profit of about 9.61 million USD.
