BlockBeats News, December 23rd, according to Coinbob Hot Address Monitor, in the past 5 hours, the ‘Ultimate Short’ has closed some BTC short positions again, realizing a profit of approximately $1.17 million, with this closing size around $4.35 million. Since November, this address has executed similar profit-taking operations at local lows five consecutive times, and has not replenished short positions. Compared to its peak position of $136 million at the end of October, its BTC short position size has now cumulatively decreased by about $93 million, with approximately $57 million closed this month, showing an accelerated profit-taking trend.
Currently, this whale still holds BTC short positions of about $43.63 million, with floating profits reaching $12.20 million (558%), an average price of $111,500, and a liquidation price of $102,300. Additionally, it placed take-profit orders yesterday in the range of $67,200 to $76,200. Since establishing this round of BTC short positions on May 9th, this address has repeatedly conducted swing trading of selling high and buying low, with recent strategy clearly shifting to continuous reduction and locking in profits. Currently, funding rate settlements have yielded profits of about $9.61 million.
