Whale Reduces Bitcoin Short Position, Gains $465,000

According to BlockBeats, an on-chain analyst known as Ai Yi has reported that a significant Bitcoin whale, who has been consistently shorting Bitcoin since March 2025, recently reduced their position by 20 BTC, securing a profit of $465,000. The whale still holds a short position of 550.7 BTC, valued at $48.6 million, with an unrealized profit of $12.8 million and funding fee earnings of $9.6 million. The overall account profit exceeds $55.51 million.