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A certain BTC whale successfully escaped from a short position, then promptly closed the position, making a small profit of $11 million upon exiting the trade.

2 hours ago

June 17 — According to data from Hyperinsight Monitor (https://t.me/HyperInsight), a Bitcoin (BTC) short whale closed out their position at roughly breakeven on June 17, with the trade generating a small realized profit of around $110,000 after BTC dipped below the whale’s cost basis. The whale’s initial short position size stood at 175.3 BTC, equivalent to $11.37 million when opened, and the position was closed at a price of $64,931. Related Wallet Address: 0x931153baac031d055389b41d12cd32c9bf0ae7a3
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