Earlier today, the on-chain analysis account @ai_9684xtpa publicly pointed out that since March, a certain "BTC whale" has short sold BTC for the fourth time, with the cumulative short position reaching $80.11 million.
According to her explanation, the whale added 210.38 BTC at 11 PM on July 5th, bringing the total position to 750.38 BTC, with an average entry price of $107,560.4 and a liquidation price set at $115,400.
Position Strategy and Current Profit and Loss
According to AI Aunt's tracking, this whale has adopted a "timely profit-taking + steady position building" strategy, accumulating over $13.6 million in realized profits in the past month, with a current floating surplus of around $1.08 million.
However, as BTC price approaches $110,000 again, the latest $58.87 million short position has incurred a floating loss of $830,000.
Potential Market Impact of Whale's Movement
According to on-chain records, the whale's operations are transparent and disciplined, in stark contrast to some high-leverage speculators. Some analysts believe the whale's short strategy might affect market sentiment and create short-term price pressure, while others suggest that if BTC continues rising, the whale faces liquidation risks that could potentially boost the market.
From AI Aunt's perspective, the whale's long-term profitability stems from disciplined operation and risk management, rather than simply betting on direction. Despite multiple profitable short positions, high-leverage operations carry extreme risks, and investors should carefully assess their own risk tolerance and not rashly imitate such strategies.
