The "ultimate short seller" has been short BTC for a year, and after three losses, this latest trade has yielded a profit of $65 million.

According to Mars Finance, on January 23, Coinbob's monitoring of popular addresses showed that the "ultimate short seller,"a whale(0x5d2), had established four short positions in BTC since January of last year. The first three short positions resulted in a combined loss of approximately $5.48 million, while the most recent short position yielded a significant profit. This short position has now accumulated approximately $9.94 million in funding fees, with a contract profit exceeding $55.6 million, bringing its total profit for the year to $65.5 million. Since December 26 of last year, this address has not adjusted its positions. Compared to its peak holdings of $136 million at the end of October last year, the whale has gradually reduced its positions by approximately $84 million, and has not replenished its short positions after multiple profit-taking withdrawals. Currently, it still holds a BTC short position with 20x leverage, amounting to approximately $44.5 million, with an average price of approximately $111,500, a liquidation price of $106,600, and a floating profit of approximately $11.2 million (505%).