BlockBeats News, February 6, according to Coinbob Hot Address Monitoring Show, the "ultimate short" whale (0x5d2) has established BTC short positions four times since January last year. The first three positions collectively incurred losses of about $5.48 million, while the most recent short position achieved significant profits. This short position has currently accumulated approximately $10.05 million in funding rate earnings, with contract profits exceeding $61 million, making its annual cumulative profit reach $71 million. Since December 26 of last year, the address has not rebalanced its positions again, and last night it significantly reduced its positions to take profits, and withdrew about $5 million from Hyperliquid.
Compared to the peak position of $136 million held at the end of last October, the whale has gradually reduced its position by about $130 million and has not replenished the short position after multiple profit-taking withdrawals. Currently, it still holds BTC short positions with 20 times leverage, amounting to about $4.4 million, with an average price of about $111,500 and a floating profit of about $3.2 million (1470%).