"Ultimate Short" Accelerates Close Position: BTC short order size shrinks by $93 million, this market trend holds secrets.
The famous "ultimate short" in the crypto world has recently reduced his position, attracting attention. He has liquidated part of his BTC short positions in the past 5 hours, earning about $1.17 million. Since November, he has consecutively taken profits at the lows for five times, cumulatively reducing his position to $93 million. Currently, he still holds $43.63 million in short orders, and his strategy has shifted from increasing the position to reducing it, indicating a possible new market condition signal.
