ChainCatcher News, according to Coinbob’s hot address monitoring, shows that in the past 6 hours, the ultimate short seller has closed part of their BTC short positions again, realizing a profit of approximately $2.32 million. The current closing scale is about $5.46 million.
Since November, this address has executed similar profit-taking operations at local lows five consecutive times, and has not re-entered short positions, with pending orders at around $76,200 for planned take-profit. Compared to its previous peak holding of $136 million, its BTC short positions have now decreased by approximately $120 million. Currently, this whale still holds about $8.6 million in BTC shorts, with an unrealized profit of $3.65 million (850%), at an average price of $111,500.
Since establishing this round of BTC shorts on May 9, this address has repeatedly engaged in high-selling and low-buying swing trades, with a recent strategy clearly shifting toward continuous reduction and profit locking.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock deposits approximately $140 million in ETH and BTC to a certain CEX custody service
Gate News: On March 20, according to Lookonchain monitoring, a BlackRock address deposited 47,728 ETH to a CEX custody service, valued at approximately $102 million, while simultaneously depositing 544 BTC, valued at approximately $38.3 million, totaling approximately $140.43 million.
GateNews17m ago
Bitcoin Whale Address Dormant for 13.7 Years Activated, Holding 2,100 BTC Worth $147 Million
Gate News reports that on March 20, according to Whale Alert monitoring, a Bitcoin whale address that had been dormant for 13.7 years was just activated. The address holds 2,100 BTC, valued at approximately $147 million at current prices. This batch of Bitcoin was worth only $13,685 in 2012, and after holding for 13.7 years, the value has increased more than 10,000 times.
GateNews18m ago
Dormant Bitcoin Whale Moves Funds After 13.5 Years
Gate News bot message, a whale holding 2,100 BTC ($148M) transferred a small amount of funds to a new wallet after remaining dormant for over 13.5 years. The whale originally received 2,100 BTC when BTC was priced at $6.59, with a total value of $13,839 at that time.
GateNews19m ago
Bitcoin Rebounds Without Increase in Open Interest, May Still Be Range-Bound
On March 19, when Bitcoin's price declined, open interest (OI) rose instead, showing that short positions increased, with price touching around $68,750. The current rebound lacks new long position support and appears more like range-bound consolidation. Attention should be paid to changes in price and OI.
GateNews1h ago
