A Bitcoin whale monitored by on-chain analyst Ai Yi has accumulated over $100 million in short positions since March, generating $14.2 million in cumulative profits through four strategic trades.
The whale initially faced a floating loss but reversed this into profit by continuously averaging down positions. Current holdings total 1097.47 BTC in short contracts with an average entry price of $107,926.60 and a liquidation threshold at $116,510.
As of the latest analysis, the open position shows an unrealized profit of approximately $1.605 million amid ongoing market volatility.