A Bitcoin whale, who had been shorting BTC since March 2025 and faced a paper loss of $21.31 million, has turned the tables following a significant market drop. As Bitcoin's price fell to a low of $102,000, the trader swiftly moved from loss to profit, earning $26.52 million in just 24 hours. The whale has already closed nearly 40% of their short positions but still holds 1,300 BTC, valued at approximately $144 million.