"Ultimate Short" Accelerates Close Position: BTC short order size shrinks by $93 million, this market trend holds secrets.

【Block Rhythm】A key signal has just surfaced - that well-known “ultimate short” in the crypto world is reducing position again.

According to on-chain data monitoring, in the past 5 hours, this whale has once again closed part of his BTC short positions, making a profit of about $1.17 million, involving an amount of $4.35 million. More interestingly, since November, he has conducted similar profit-taking at local lows five times in a row, each time without reopening short positions — this detail says a lot.

Comparing the scale shows how significant the change is. At the end of October last year, this large trader's BTC short positions peaked at 136 million USD. And now? It has been reduced to 93 million USD, with 57 million USD closed this month alone. The pace of realizing profits has clearly accelerated.

Currently, he still holds about 43.63 million USD in BTC short positions, with an unrealized profit of 12.2 million USD (yield of 558%), an average price set at 111.5 thousand USD, and a liquidation price at 102.3 thousand USD. It is worth noting that he has also placed take-profit orders in the range of 67.2 thousand to 76.2 thousand USD—clearly aiming to lock in profits.

Since establishing the position on May 9, this trader has repeatedly engaged in high-selling and low-buying swing operations. However, the recent strategy has clearly changed, shifting from aggressive accumulation to continuous reduction of position. Just the funding rate settlement has already brought in $9.61 million. This series of continuous liquidation actions may be conveying some kind of signal to the market.