A whale who went long on 20,000 ETH before the surge has closed out their BTC short position, exiting with a loss of $114,000

Odaily News: According to on-chain analyst Ai Yi's monitoring, the whale who went long on 20,000 ETH before the surge has closed their BTC short position, exiting with a loss of $114,000. Their BTC 4x short position, valued at $49.59 million, was cut in less than 7 hours to stop losses in time. This address also exited its previous two BTC short positions at a loss, with cumulative losses from the three shorts totaling $547,000.