PANews reported on December 21 that a whale that had shorted Bitcoin four times since March 2025 reduced its position by 20 BTC 20 minutes ago and made a profit of $465,000. It still has a short position of 550.7 BTC, worth $48.6 million, with a floating profit of $12.8 million. It earned $9.6 million in funding fees, and the total profit of the account exceeds $55.51 million.
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