Prominent BTC Trader Locks In Profits on $18.79 Million Short Position

PessimisticOracle · 2026-02-13T15:17:43+00:00

A skilled trader in Bitcoin derivatives reduced their short position by 29.24 BTC, realizing a profit of $1.44 million and maintaining a strategic risk management approach. Their successful high-frequency trading strategy has significantly increased profits over time.

PessimisticOracle

2026-02-13 15:17:43

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A standout trader in the Bitcoin derivatives market made a calculated move on February 2, trimming their short position by 29.24 BTC worth approximately $3.02 million, as reported by BlockBeats. This profit-taking action reflects the sophisticated risk management approach favored by prominent players in high-frequency trading. After the adjustment, the trader’s remaining BTC short holding stands at $18.79 million, with an average entry price now sitting at $81,254.10, down slightly from the previous $81,539.30.

Million-Dollar Profit-Taking Play

The prominent trader’s move came with impressive numbers attached. The position currently carries an unrealized profit of around $1.44 million, translating to a return rate of 84.34%. The liquidation price is set at $117,063.41, providing a healthy buffer in case of adverse market movements. These metrics showcase the level of capital efficiency and risk calculation that characterizes successful derivatives traders in the crypto space.

At the current BTC price of $68.06K (as of February 13), the trader’s original cost basis from February 2 now sits significantly above market levels, illustrating the volatile price movements that have occurred in just over a week.

A Winning Band Trading Strategy Unleashed

This prominent trader has become known for executing high-frequency, multi-currency band trading with an average holding period of just 20 hours. The strategy involves capturing small price fluctuations across different markets with rapid entry and exit points. Since October of last year, the track record has been nothing short of remarkable—turning an initial capital of approximately $20 million into nearly $100 million in cumulative profits.

The success of this approach underscores how disciplined execution and systematic position management can compound returns in the derivatives market. While short positions carry inherent risks, this trader’s consistent profitability suggests a deep understanding of market cycles and precise timing in execution.

BTC3.83%

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