Trader Holds ~$105M BTC Short Position with $4.89M Unrealized Profit

TechFlow reports that on November 4, according to monitoring by Ai Yi, a trader holds a 25x short position of approximately 1,376.08 BTC. The accompanying image shows the position is worth about $105 million, with unrealized profit of about $4.89 million.

The position's average entry price is $79,860.8, with funding fee income of about $426,000. The accompanying image shows the account's total perpetual contract position value is about $164 million, with short positions worth about $155 million.

Source: TechFlow