Data: The 'ultimate short' has continuously reduced positions in a short period, with the BTC short position size decreasing from 7.02 million to 4.83 million USD

According to Coinbob's popular address monitoring, the 'Ultimate Short' address (0x5d2f…) has made multiple reductions to its BTC short position within about 1 hour, cumulatively reducing approximately 31.57 BTC short positions, with a total value of about 2.2456 million USD. After continuous operations during this period, the total value of its BTC short position has decreased from 7.0248 million USD to 4.8323 million USD.

The current floating profit of this position is approximately 2.7868 million USD, and the liquidation price has been raised to 175,229.03 USD accordingly. This address is known for establishing BTC short positions around the 120,000 USD price level, consistently shorting various mainstream and altcoins, with its account's floating profit having reached a maximum of 64 million USD. It remains one of the largest BTC short addresses on Hyperliquid.