Bitcoin Whale Executes New Profit Closure After Gradual Reduction Strategy

GasFeeVictim · 2026-02-12T20:11:09+00:00

A significant whale has made strategic decisions in its Bitcoin short positions, generating nearly $2.32 million in profits without reopening shorts since November. Its current positions reflect a substantial reduction in exposure, shifting towards profit consolidation.

GasFeeVictim

2026-02-12 20:11:09

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Over the past few hours, the whale has made significant decisions regarding its short positions in Bitcoin, closing a new cycle of trades that has generated gains close to $2.32 million. According to data collected by blockchain analysis platforms, the total volume moved in this operation reached approximately $5.46 million, confirming this whale’s importance in the crypto markets.

A Whale Significantly Reduces Its Short Positions

Since November, this same whale has executed similar profit-taking operations at depressed local value points, accumulating five strategic moves without reopening short positions. The average liquidation price was set around $76,200 per BTC, demonstrating clear discipline in executing its decisions. Comparing its previous peak holdings of $136 million, the whale has cumulatively reduced its bearish exposure by approximately $120 million, reflecting a fundamental shift in its market stance.

Strategy Evolution: From Range Trading to Progressive Profit Locking

Since establishing this round of short positions on May 9, the whale had maintained an active strategy of buying at lows and selling at highs, operating within specific volatility ranges. However, the pattern has experienced a notable shift toward continuous reduction and profit securing. This change suggests a significant adjustment in the risk and opportunity assessment that this market entity perceives in the current environment.

Current Floating Profit of 850%: Position Status

The whale currently holds short positions in Bitcoin valued at approximately $8.6 million, with an extraordinary floating profit of 850%, calculated at an average entry price of $111,500. This accumulated performance figure reflects the effectiveness of the strategy implemented since May, although now the focus is more on consolidating and protecting these gains through gradual position closures, rather than maintaining open exposure in anticipation of further market movements.

BTC3.52%

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