In two months, going from a floating loss of 18 million to breaking even, I have to admit, I am impressed by the mental resilience. The bears who survive until the end are truly tough people.

According to Coinjie News, Arkham reported that a large trader has broken even on his $100 million Bitcoin short position. The trader has been continuously shorting Bitcoin over the past two months, with a cumulative short amount totaling $100 million and an average short price of $69,420. During Bitcoin’s peak price in May, his losses at one point reached $18 million. Now, he has just broken even.