A whale bought back the shorted BTC and repaid the money, making a profit of $800,000
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Odaily reported that according to on-chain analyst Yu Jing's monitoring, a certain whale has just bought back the BTC they had shorted and repaid the loan, making a profit of $800,000. They had borrowed 420 WBTC from and sold them short at $103,402. Today, affected by Powell's remarks, BTC pulled back a bit, so the whale bought back the 420 WBTC at $101,482 to close their short position. Their current total trading rounds have reached 21, with 17 wins and 4 losses.
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