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A prominent whale known as 'First Set 10 Big Goals' has closed a portion of their Bitcoin short position, pocketing a quick profit of $160,000 in just 12 minutes. According to on-chain analyst Ai Yi, the trader unwound 341 BTC from their short position, capitalizing on a favorable price move. Despite this partial closure, the whale still holds a substantial short position of 2,379.23 BTC, valued at approximately $157 million, with an unrealized profit of $1.34 million. The rapid profit-taking highlights the aggressive trading style of this large player, whose remaining position remains a significant bearish bet on Bitcoin. Such large short positions can influence market sentiment and contribute to intraday volatility, as traders watch for potential liquidation cascades or further position adjustments.
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