BlockBeats News, January 23 — According to Coinbob Hot Address Monitoring, the “Ultimate Bear” whale (0x5d2) has opened BTC short positions four times since January last year. The first three trades resulted in a total loss of approximately $5.48 million, while the most recent short position has achieved significant profit. This position has currently accumulated about $9.94 million in funding rate gains, with contract profits exceeding $55.6 million, bringing its total annual profit to $65.5 million. Since December 26 last year, this address has not made any adjustments to its positions.
Compared to the peak holding of $136 million at the end of October last year, this whale has gradually reduced its holdings by about $84 million and has not replenished its short positions after multiple take-profit withdrawals. Currently, it still holds a BTC short position with 20x leverage, valued at approximately $44.5 million, with an average entry price of about $111,500, a liquidation price of $106,600, and an unrealized profit of about $11.2 million (505%).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC drops below 68,000 USDT
Gate News bot message, Gate market display, BTC drops below 68,000 USDT, current price 67,985.2 USDT.
CryptoRadar6m ago
Bitcoin Death Cross Appears on Three-Day Chart, What Could Follow? - U.Today
Bitcoin recently formed a death cross on the three-day chart, which historically precedes significant bear market declines. This pattern suggests the potential for further downward movement in the current cycle, echoing past trends since 2014.
UToday1h ago
Bitcoin and Ethereum ETFs Record Daily Outflows While Maintaining Weekly Gains
Gate News bot message, according to the March 6 update, Bitcoin ETFs recorded a daily net outflow of 1,697 BTC (valued at $116.94 million), while maintaining a 7-day net inflow of 13,014 BTC (valued at $896.69 million). Ethereum ETFs showed a daily net outflow of 3,185 ETH (valued at $6.34 million),
GateNews1h ago
$50,000 BTC in 2026: Bloomberg's Commodities Strategist Names Bitcoin "Young Bear" - U.Today
Bloomberg analyst Mike McGlone predicts a bearish outlook for Bitcoin and silver, forecasting both to decline to $50,000 and $50 per ounce, respectively. He attributes this to market mean reversion, geopolitical tensions, stock market volatility, and Bitcoin's historical ratio to silver.
UToday1h ago
