A prominent Bitcoin bear, identified by the address 0x5D2F, has been shorting Bitcoin for over six months, amassing significant profits. His current short position of 1,232 BTC, valued at approximately $113.27 million, has yielded over $24 million in unrealized profits. On the Hyperliquid platform, his total profits have surpassed $51 million, with an additional $9.2 million earned from funding fees.
Bitcoin Bear 0x5D2F Gains $24M in Unrealized Profits from Short Position
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