Bitcoin Rise Puts Whale’s $173 Million Crypto Short Portfolio Under Pressure

Bitcoin Rise Puts Whale’s $173 Million Crypto Short Portfolio Under Pressure

According to on-chain analyst Ai Yi, a large trader’s Bitcoin short showed an unrealized loss while its Ethereum short remained profitable, leaving the combined bearish position slightly underwater.

BTC
ETH

Fact Check
The claim matches the specific figures in “先定10个大目标”巨鲸BTC空单浮亏65万美元,ETH空单浮盈41.3万美元 | PANews. That article says Ai Yi observed a BTC short with an unrealized loss of about $650,000 and an ETH short with an unrealized profit of about $413,000, leaving the combined roughly $173 million bearish portfolio down about $237,000 overall. This directly supports the statement that the BTC short was losing, the ETH short remained profitable, and the combined position was slightly underwater. The linked original X post from Ai Yi is present as the source URL in the PANews page, but because direct fetching of that X post failed and independent corroboration search was weak, confidence is medium rather than high.
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Summary

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Terms & Concepts
  • Short position: A trade that aims to profit from a price decline by betting an asset will fall.
  • Unrealized loss: A paper loss on an open position that has not been closed and therefore has not been locked in.
  • On-chain analyst: A market observer who studies blockchain-linked wallet activity and transaction data to track trading behavior.