A long-term BTC short whale has earned $9 million in funding fees, while unrealized profits from short positions have reached $10 million.

BlockBeats News, November 13, according to HyperInsight monitoring, the "Four-Time BTC Short" whale (0x5D2) opened a 20x leveraged BTC short position on May 9, which has accumulated a profit of $8.97 million through funding rate settlements. The current BTC position size is about $127 million, with an unrealized profit of $10.05 million (160%), at an average price of $111,500. This address is currently the TOP 1 BTC short position holder on Hyperliquid.

Previous reports indicated that this address had opened four large BTC short positions this year, all of which resulted in losses totaling approximately $5.48 million. For this BTC short, after October 11, 40% of the position was partially closed for profit-taking, recording a profit of about $5.17 million.