A prominent Bitcoin whale has intensified short-selling activities, recently liquidating 20 BTC for a profit of $465,000. This marks the fourth short position taken by the whale since March 2025. Currently, the whale holds 550.7 BTC in short positions, valued at $48.6 million, with a floating profit of $12.8 million and $9.6 million in funding fees. The account's total profit has now surpassed $55.51 million, reflecting a strategic approach to profit-taking.
Whale Profits $465,000 from Bitcoin Shorting, Holds 550.7 BTC in Shorts
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