A Whale with a Heavy Position is planning to take the opposite position and go long around 67,000 USD, with a short order already having unrealized gains of 26.83 million USD.

On December 2nd, according to on-chain analyst Ai Yi (@ai_9684xtpa), “the Whale has shorted BTC four times since March this year” and has just reduced its position by 20 BTC 15 minutes ago, realizing a profit of $501,000. So far this year, it has accumulated unrealized gains exceeding $57.58 million. Its remaining short order of 1,081.98 BTC still has unrealized gains of $26.83 million, with a position value of $93.60 million, an entry price of $111,499.3, and funding fee income of $9.425 million. The Whale is currently placing a limit buy order for 1,300 BTC in the price range of $67,244 to $67,844, planning to take profit on the short position and take the opposite position if it falls to that level.