Whale Trader “Set 10 Big Goals First” Closes Bitcoin Short for $12.61 Million Profit

According to PANews, the trader closed a Bitcoin short with a realized $12.61 million profit after Ai Yi had earlier reported about $12.225 million in unrealized gains; the same whale had also taken a May 6 loss.

BTC

3d ago

Fact Check

The claim is strongly supported by four independent news sources and a primary X post. Both Odaily (482652) and PANews (019e4344) confirm the realized profit of exactly 12.61 million USD upon closing the Bitcoin short. The earlier unrealized gain of 12.225 million USD is confirmed by PANews (019e3df5) and the @ai_9684xtpa X post. All figures in the claim match the sources consistently. The only minor caveat is that specific position size and entry price were not publicly disclosed by the whale.

Summary

PANews reported on May 20 that whale trader “Set 10 Big Goals First,” also identified as “先定十个大目标,” closed a Bitcoin short position with a realized profit of $12.61 million. Earlier, on-chain analyst Ai Yi had reported the same BTC short was showing $12.225 million in unrealized profit before closure. Ai Yi also said the same whale had closed another BTC short on May 6 at a maximum loss of about $2.867 million. The available reports did not disclose the position size, entry price, exit price, leverage, trading venue, or timing of the trade’s opening.

Terms & Concepts

Short position: A trading strategy designed to profit from a decline in an asset’s price by selling exposure first and buying it back later at a lower price.
Unrealized profit: A paper gain on an open position that has not been locked in because the trade has not yet been closed.
Whale: A market participant holding or trading unusually large amounts of crypto, often closely watched because sizable positions can influence sentiment and attract market attention.