Data: The ultimate short seller closed out their BTC short positions for the first time this month, with current open interest at approximately $103 million.

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According to ChainCatcher, Coinbob's hot address monitoring shows that in the past hour, the ultimate short whale(0x5D2) has continued to close out its BTC short positions to take profits. It has currently closed out approximately $4.3 million, recording a profit of $1.17 million, and still has a floating profit of $28.15 million. Furthermore, its current holdings are approximately $103 million, with an average price of $111,500 and a liquidation price of $94,800, making it the top BTC short holder on Hyperliquid.

According to monitoring, this address has continuously withdrawn approximately $34.09 million in account margin this month and transferred a total of $40 million to its Binance wallet. Today, it transferred in a small amount of $3 million in margin to raise the average price.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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