Since March 2025, a BTC whale who has shorted four times in a row has once again made a floating profit of $12.99 million.

According to Jinse Finance, on-chain analyst Ai Yi (@ai9684xtpa) monitored that the BTC whale who has been shorting continuously since March 2025 has once again made a floating profit of $12.99 million. During the period from 10.24 to 10.28 (UTC+8), he increased his short positions multiple times and currently holds 1,231.98 BTC short contracts, valued at $124 million, with an average opening price of $111,499.3. On 11.03 (UTC+8), as the price dropped, the position returned to profit; however, since he has already earned over $8.77 million in funding fees, it is possible that this is a hedging operation.