On November 24, on-chain AI analysis tool CoinBob detected that the 'Ultimate Bear' whale (0x5D2), who opened a 20x BTC short position on May 9, currently has an unrealized profit of approximately $29.78 million. Recently, this address adjusted its take-profit zone down to $67,000, previously set between $89,000 and $91,000. This month, the account has withdrawn approximately $34.09 million in margin and transferred a total of $40 million to a Binance wallet. The current position size of this address is approximately $106 million, with an average entry price of $111,500 and a liquidation price that has dropped from $105,700 to $92,000 over the past 10 days. With an estimated liquidation rate of about 5.75%, it is currently the largest BTC short position on the Hyperliquid platform.
