Whale Address 0x5d2f4 Closes 110 BTC From High-Leverage Short, Holds $10.72M Unrealized Profit
Whale address 0x5d2f4 closed part of its Bitcoin short position around 10 hours ago and is still holding a 20x leveraged short on 389.91 BTC with an unrealized profit of $10.72 million, HyperInsight data show. The address originally opened a 20x leveraged short of 499.91 BTC when Bitcoin was at $111,499.3, and has so far collected $9.9967 million through funding rate settlements.