Bitcoin Whale Realizes $9.47M Profit After Closing $209M Short Position

On June 19, on-chain analyst Ai Yi reported that a prominent Bitcoin whale, identified as @Jason60704294 or "Set 10 Big Goals," successfully closed a massive short position. The trader liquidated a 3,173.6 BTC short position valued at approximately $209 million, which was initially opened at an average price of $65,907.13. By exiting at $62,916.04, the whale realized a profit of roughly $9.467 million. This transaction marks the whale's third trade in June, bringing their total monthly profit to $12.85 million with a 66.7% win rate. Following a brief one-hour hiatus, the account shifted to a bullish stance, opening a new long position of 999.121 BTC worth $62.62 million at an entry price of $62,682.