On January 23, according to Coinbob Hot Address Monitoring, the "Big Whale" short (0x5d2) has opened a short position on BTC four times since last January. The first three transactions resulted in a total loss of approximately $5.48 million, while the latest short position recorded significant gains. This short position has currently earned about $9.94 million from funding fees, with contract profits exceeding $55.6 million, bringing the total annual profit to $65.5 million. Since December 26 of last year, this address has not made any further position adjustments. Compared to the peak position of $136 million at the end of October last year, this "Big Whale" has gradually reduced its position by about $84 million, and after several profit-taking and fund withdrawals, the short position has not been replenished. Currently, he still holds a short BTC position with 20x leverage, with a size of approximately $44.5 million, an average price of around $111,500, a liquidation price of $106,600, and floating profit of about $1.12 million (505%).#GateDEX