「Ultimate Shorter」 Successfully Closed Out a Significant Amount of Their BTC Short Position to Take Profit, Reducing Their Position by Approximately $30 Million

BlockBeats News, December 3rd, according to Coinbob Popular Address Monitor data, in the past 6 hours, after BTC broke through $92,000, the "Ultimate Bear" whale (0x5D2) continued to close out its profit-taking BTC short position, currently having closed out approximately $30.17 million with a profit of $3.86 million and still holding an unrealized profit of $17.6 million. In addition, the current position size is about $80.97 million, with an average price of $111,500, and the liquidation price has risen from $94,800 to $101,000. It is now the TOP 1 BTC short position on Hyperliquid.

According to monitoring, the address has continuously withdrawn over $34.09 million in account margin and transferred a total of $40 million to a Binance wallet, with an additional slight transfer of $3 million in account margin today to close out a short position and raise the average price.