The ultimate whale has lowered its take-profit level for its BTC short positions to $67,000, and reduced the liquidation price to $92,000.

According to Mars Finance, market sources indicate that a whale(0x5D2) opened a 20x leveraged short position in BTC on May 9th, which has a floating profit of approximately $29.78 million. This address recently lowered its take-profit level to $67,000, after previously taking profit at approximately $89,000-$91,000 on May 14th. This month, it has continuously withdrawn approximately $34.09 million in margin from its account and transferred a total of $40 million to its Binance wallet. The address currently holds approximately $106 million in positions, with an average price of $111,500. The liquidation price has decreased from $105,700 to $92,000 in the past 10 days, representing a liquidation rate of approximately 5.75%. It is currently the top short position holder in BTC on Hyperliquid. Previous reports indicated that this address opened four large short positions in BTC this year, all of which resulted in losses totaling approximately $5.48 million. The BTC short position was partially closed after October 11th, with 40% of the position taken profit, resulting in a profit of approximately $5.17 million.