According to HyperInsight data dated December 14, the so‑called Ultimate Bear whale, identified by the address 0x5D2, currently holds a 20x Bitcoin short position. The position shows a floating profit of $18.11 million and has accrued $9.56 million in funding fees. The entry price was $11,140, with a position size of 820 BTC, highlighting sustained whale activity in the market.
From a risk‑management viewpoint, such highly leveraged Bitcoin short exposure can impact intraday order flow and near‑term volatility. HyperInsight’s data offer a reference point for traders observing whether this whale activity reflects hedging behavior or opportunistic funding dynamics, rather than a price forecast.
Source: https://en.coinotag.com/breakingnews/bitcoin-whale-ultimate-bear-holds-20x-short-on-820-btc-18-11m-floating-profit-and-9-56m-in-funding-fees


