「Ultimate Shorter」 closed their short position for the first time this month, taking profit on their BTC short. The current position size is approximately $103 million.
BlockBeats News, November 25th, according to Coinbob Popular Address Monitor, in the past 1 hour, the "Ultimate Bear" whale (0x5D2) has been continuously closing short positions on BTC to take profit. Currently, about $4.3 million has been closed, recording a profit of $1.17 million, with a remaining unrealized profit of $28.15 million. In addition, its current position size is about $103 million, with an average price of $111,500 and a liquidation price of $94,800. Currently ranked TOP 1 in BTC short positions on Hyperliquid.
According to monitoring, this address has continuously withdrawn account margin of about $34.09 million this month and transferred a total of $40 million to a Binance wallet, with a minor deposit of $3 million today to raise the average price.
In previous news, this address has opened BTC short positions in large amounts 4 times this year, all resulting in losses totaling about $5.48 million. This BTC short position partially closed to take profit on November 10th, with 40% of the position, recording a profit of about $5.17 million. The current funding rate settlement has realized a profit of $9.32 million.
You may also like

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

What are the chances of a 5X MOONSHOT for HYPE?

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…

Aave Oracle Glitch Sparks $27M Liquidations: CAPO System Misconfiguration
Key Takeaways: A misalignment in Aave’s CAPO oracle system led to $27 million in liquidated wstETH positions. The…