「Ultimate Shorter」 BTC Short Position Keeps Taking Profit, Funding Fee Settlement has Made a Profit of Approximately $10 Million

By: theblockbeats.news|2026/02/03 19:02:44

BlockBeats News, February 3rd, according to Coinbob Top Address Monitor, in the past 6 hours, the "Ultimate Bear" once again closed part of their BTC short position, realizing a profit of approximately $2.32 million. The size of this closing position was around $5.46 million. Since November, this address has executed similar profit-taking actions five times at local lows without covering their short positions, placing a take-profit order at around $76,200. Compared to its peak position of $136 million, the size of its BTC short position has now decreased by approximately $120 million.

Currently, this whale still holds a BTC short position of about $8.6 million, with an unrealized profit of $3.65 million (850%), and an average price of $111,500. This address was previously the largest BTC short in chain history. Since establishing this round of BTC short positions on May 9th, it has engaged in scalping operations multiple times, but has recently shifted its strategy to reducing holdings continuously and locking in profits. The address has already realized approximately $10 million in profit from funding rate settlements.

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.