["Ultimate Bear" Closed Approximately $39.5 Million in BTC Short Positions This Month and Went Long on XYZ]
According to Coinbob data, in the past 4 hours, "Ultimate Bear" closed approximately $5.13 million in BTC short positions, earning a profit of about $1.49 million. This month, the total closed BTC short positions amount to approximately $39.5 million. Currently, the BTC short position stands at approximately $55.36 million, with an unrealized profit of $16.08 million, an average price of $111,500, and a liquidation price of $99,300. "Ultimate Bear" also opened a new 100x leveraged long position on the XYZ contract, with a scale of approximately $1 million. Since November, "Ultimate Bear" has been continuously closing positions without replenishing them, reducing holdings by approximately $99 million compared to the August peak.