Trader Reports Significant Gains on Bitcoin Short Position

Analyst @ai_9684xtpa posted on X that a trader has reported substantial gains from a Bitcoin short position, with unrealized profits amounting to $12.225 million. The trader shared an image showcasing the gains but did not disclose the specific position size or entry point. Previously, on May 6, the trader experienced a maximum loss of approximately $2.867 million on a Bitcoin short position. The recent gains have reportedly offset these earlier losses.