Whales holding short orders on BTC for nearly 5 months have returned to profitability due to the big dump in the market, but are now facing losses of over 4.8 million USD.

Odaily News Lookonchain monitoring shows that the Whale Address 0 x 5 D 2 F has held a short order of Bitcoin (BTC) for nearly 5 months, with an unrealized loss of about 27 million dollars at one point. This round of market big dump briefly allowed its position to recoup investment and turned profitable, but the address did not completely close the position. As the market rebounds, its short order has fallen back into losses, currently with unrealized losses exceeding 4.8 million dollars, and the liquidation price is 123,260 dollars.

BTC0.73%
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