A prominent Bitcoin whale, known for a high-profile Ethereum swap, has closed nearly $500 million in BTC short positions, according to on-chain analyst @ai_9684xtpa. The whale closed out 4,394.73 BTC, securing a profit of $92.46 million over five days. This move comes as Bitcoin prices rebounded above $113,000. The whale has also withdrawn all USDC from their account, marking the end of this significant trading activity.
Ancient BTC Whale Closes $500 Million Short Position, Nets $92.46 Million Profit
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