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Ultimate Bearish Whale Adjusts Profit-Taking Zone to $75,000, Withdraws $22.09 Million Margin This Month
Summary: According to HyperInsight, the ultimate bearish whale (0x5D2) has adjusted its profit-taking zone to $75,000-$79,000 after previously setting it at $89,000-$91,000 on May 14. The whale, who opened a 20x BTC short position on May 9, has realized profits exceeding $31 million. This month, the account has withdrawn approximately $22.09 million in margin and transferred ...
According to HyperInsight, the ultimate bearish whale (0x5D2) has adjusted its profit-taking zone to $75,000-$79,000 after previously setting it at $89,000-$91,000 on May 14. The whale, who opened a 20x BTC short position on May 9, has realized profits exceeding $31 million. This month, the account has withdrawn approximately $22.09 million in margin and transferred $28 million to a Binance wallet.
The current position of the whale is approximately $106 million with an average price of $111,500. The liquidation price has dropped from $105,700 to $101,000 in the past week. The whale currently holds the top BTC short position on Hyperliquid.
Previously, the whale incurred losses of around $5.48 million from opening four large BTC short positions this year. After partially closing and taking profits on 40% of the position post-October 11, the whale made approximately $5.17 million in profits.
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Link: Ultimate Bearish Whale Adjusts Profit-Taking Zone to $75,000, Withdraws $22.09 Million Margin This Month [Copy]
