Data: Ultimate bears accelerate profit-taking on BTC short positions, with nearly 40 million dollars closed this month

According to Coinbob's popular address monitoring, in the past 4 hours, the "Ultimate Short" has once again closed a BTC short position worth approximately 5.13 million USD, recording a profit of about 1.49 million USD. Since the beginning of this month, it has cumulatively closed BTC short positions worth approximately 39.5 million USD.

The current BTC short position size is about 55.36 million USD, with an unrealized profit of 16.08 million USD (581%), an average price of 111,500 USD, and a liquidation price of 99,300 USD. In addition, it has also newly opened a long position in the XYZ underlying with a 100x mapped contract, with a position size of about 1 million USD. The "Ultimate Short" whale has accurately bought low and sold high multiple times since opening this BTC short position on May 9.

It is worth noting that since November, its operational rhythm has significantly changed, shifting to continuously closing positions for profit at local lows, without re-entering. From November to now, it has executed this type of closing 4 times in a row, and compared to its position peak in August, the current short position size has been reduced by approximately 99 million USD.

According to records from the past 4 months, its closing points are as follows: closed BTC around 112,500 USD on August 19-20; closed BTC around 108,300 USD on August 30; closed ETH around 4,160 USD on September 22; closed BTC around 100,000---110,000 USD on October 11; closed BTC around 87,000 USD on November 25.