A cryptocurrency whale has decreased their Bitcoin short position by 389.91 BTC while maintaining a profit of $10.72 million. HyperInsight monitoring reveals that the whale, identified by the address 0x5d2f4, initially shorted 499.91 BTC at a price of $111,499.3 using 20x leverage. Despite the reduction, the whale has accrued $9.9967 million in funding fees.
Whale Reduces BTC Short Position, Retains $10.72M Profit
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