Major BTC Short Seller Plans Long Reversal Near $67K After $26.83M Unrealized Gain

A whale address that has executed four Bitcoin short positions since March reduced its BTC short by 20 coins 15 minutes prior, realizing $501,000 in profit and bringing year-to-date gains to over $57.58 million, on-chain analyst Ai Yi reports. The trader holds 1,081.98 BTC in remaining short positions with an unrealized profit of $26.83 million, position value of $93.6 million, average entry at $111,499.3, and funding fee income of $9.425 million. Limit buy orders totaling 1,300 BTC have been placed between $67,244 and $67,844, indicating plans to close shorts and initiate long positions if prices decline to that range.