「Ultimate Shorter」 Whale Lowers Take-Profit Area to $75,000, Withdraws $22.09M Margin This Month

BlockBeats News, November 21, according to HyperInsight monitoring, the "Ultimate Bear" whale (0x5D2) had a 20x BTC short position opened on May 9 with a floating profit of over $31 million. On the 14th, the address had previously placed a take-profit order at $89,000–$91,000, and recently withdrew the order, then placed a new take-profit order at $75,000–$79,000. This month, it has continuously withdrawn about $22.09 million in account margin and transferred a total of $28 million to a Binance wallet.

The current position size of the address is about $106 million, with an average price of $111,500, and the liquidation price has dropped from $105,700 to $101,000 in the past week. It is currently the TOP 1 in BTC short positions on Hyperliquid.

Previously, the address had opened large BTC short positions 4 times this year, all resulting in losses totaling about $5.48 million. This time, after October 11, it partially closed the position to take profit on 40% of the position, resulting in a profit of about $5.17 million.