The "ultimate short seller" has made a profit of $71 million on his BTC short positions, a return of 14 times his initial investment.

According to ME News, on February 6th (UTC+8), Coinbob's monitoring of popular addresses showed that the "ultimate short"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 $10.05 million in funding fees, with a contract profit exceeding $61 million, bringing its total profit for the year to $71 million. Since December 26th of last year, this address has not adjusted its positions. Last night, it significantly reduced its positions again to lock in profits, withdrawing approximately $5 million from Hyperliquid. Compared to its peak holdings of $136 million at the end of October last year, this whale has gradually reduced its positions by approximately $130 million, and has not replenished its short positions after multiple profit-taking withdrawals. Currently, it still holds a 20x leveraged short position in BTC, with a size of approximately $4.4 million, an average price of approximately $111,500, and a floating profit of approximately $3.2 million (1470%). (Source: ME)