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According to Lookonchain monitoring, the Bitcoin short position held by Whale address 0x5D2F has been ongoing for nearly 5 months, with a temporary loss of approximately $27 million. The recent market crash has caused it to briefly recoup its capital and make profits, but it has not fully closed its positions. With the market rebounding, the short position has once again incurred losses, with a current loss of over 4.8 million US dollars and a liquidation price of 123260 US dollars.