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The "Ultimate Short" Whale has unrealized gains of over 30 million USD from 20x shorting Bitcoin, with a profit of 9 million USD just from the funding rate.

On November 21, according to OnchainLens monitoring, a “ultimate short” Whale holds a 20x Bitcoin short order, currently with a floating profit of 30 million USD, and has earned over 9 million USD from funding fees. The entry price was 111,400 USD, with a position size of 1,231 BTC.

BTC-2.35%
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