Data: Long-term short-selling BTC whales reduced their positions by 389.91 BTC shorts, still holding a profit of 10.72 million USD

According to HyperInsight monitoring, the whale (0x5d2f4) has continued to reduce its BTC short position today, currently shorting 389.91 BTC with 20x leverage, and is now realizing a floating profit of 10.72 million USD.

This whale entered the market shorting 499.91 BTC with 20x leverage at a Bitcoin price of 111,499.3 USD, and has currently received 9.9967 million USD from funding rate settlements.