A whale closed a $100 million BTC short position, profiting $5.28 million.

TechFlow reports, on July 9, according to monitoring by on-chain analyst Onchain Lens, a whale address recently closed a Bitcoin short position worth approximately $100 million, realizing a cumulative profit of $5.28 million. Data shows that wallet "0xcf9" opened a short position at $68,859 on June 2, and closed the position at $62,314 one hour ago, with a holding period of 36 days. The position size was 763 Bitcoin, with a notional value of approximately $100.15 million.