A prominent Bitcoin trader managed to partially mitigate prior losses through strategic position management.
The whale recently liquidated a holding of 319.68 BTC, securing a gain of approximately $205,000.
This recovery comes after the trader suffered significant setbacks totaling $9.574 million from short positions held earlier this month.
Despite these earlier losses, the whale remains profitable overall, with net gains currently standing at $367,000.
The remaining portfolio held by the trader retains a substantial valuation of $67.29 million.