A hardcore short-selling whale's 20x leveraged Bitcoin short position is now showing a floating profit of over $34 million.

According to data from Hyperbot, as reported by Odaily Planet Daily, a long-time Bitcoin short seller (0x5D2...9bb7) who had previously shorted BTC four times in a row has recently opened a 20x leveraged Bitcoin short position that has now generated a floating profit of $34.03 million. Currently, the seller holds approximately 1,232 BTC in short positions, with a position value of $103 million. The average entry price was $111,499.3, and the liquidation price was $92,042.7.