「Ultimate Short」 BTC Short Position Accelerates Profit Taking, Nearly $40 Million in Liquidations This Month

By: theblockbeats.news|2025/12/17 18:16:06
0
Share
copy

BlockBeats News, December 17th, according to Coinbob Popular Address Monitoring, in the past 4 hours, the "Ultimate Short" once again closed a BTC short position of about $5.13 million, recording a profit of about $1.49 million. Since the beginning of this month, the "Ultimate Short" has cumulatively closed short positions on BTC of about $39.5 million. The current BTC short position is about $55.36 million, unrealized profit of $16.08 million (581%), average price of $11.15 thousand, and liquidation price of $9.93 thousand. In addition, a new XYZ target 100x leverage long position contract with a position size of about $1 million was opened.

The "Ultimate Short" whale has been managing this BTC short position since May 9th, consistently buying low and selling high. It is worth noting that since November, its trading strategy has significantly changed, shifting to continuously closing positions for profit at local lows without re-entering. Since November, it has executed this type of closure 4 times in a row. Compared to its peak short position in August, the current short position has been reduced by approximately $99 million. Based on records from the past 4 months, its closure points are as follows:

August 19-20, BTC closed around $11.25 thousand;

August 30, BTC closed around $10.83 thousand;

September 22, ETH closed around $4160;

October 11, BTC closed around $10,000 - $11,000;

November 25, BTC closed around $8.7 thousand.

-- Price

--

You may also like

Morning Report | Strategy invested $1.57 billion last week to increase its holdings by 22,337 bitcoins; Abra plans to go public through a SPAC merger; Metaplanet aims to raise approximately $765 million to increase its bitcoin holdings

Overview of Important Market Events on March 16

CB Insights: Nine Predictions for the Fintech Sector in 2026, with Asset Tokenization Already Becoming a Trend

AI agents initiate autonomous trading, crypto giants directly challenge traditional banks: an article revealing 9 disruptive predictions that will reshape the financial landscape in 2026.

Huang Renxun's full GTC speech: The era of inference has arrived, with revenue expected to reach at least one trillion dollars by 2027, and lobster is the new operating system

At the GTC 2026 conference, NVIDIA CEO Jensen Huang positioned the company as a builder of "AI factories," stating that "by 2027, we will see at least $1 trillion in high-confidence demand." He introduced the concept of "Token factory economics," emphasizing that performance per watt is the core of ...

Trade Gold, Silver & Oil on WEEX: $300K Rewards and 0% Fees

WEEX has launched a large-scale Gold, Silver, and Oil trading campaign featuring 0% fees, a $300K reward pool, and Trade-to-Earn opportunities, allowing traders to deposit, trade tokenized commodities like PAXG and XAUT, and compete on leaderboards — all at WEEX.

21Shares Enhances Crypto ETP Pricing with FTSE Partnership

Key Takeaways: 21Shares AG updates the pricing methodology for its Bitcoin and Ethereum-linked ETPs on the London Stock…

Alibaba AI Projects Crypto Value Surge for XRP, Bitcoin, and Ethereum by 2026

Key Takeaways: Alibaba’s AI predicts significant price increases for XRP, Bitcoin, and Ethereum by 2026’s end, driven by…

Popular coins

Latest Crypto News

Read more