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Major BTC Whale Reverses Position: Closes $91M Short, Opens Long Position
Gate News bot message, a significant position shift occurred as whale trader 0x0ddf9 executed a complete reversal in their Bitcoin trading strategy.
The trader, who previously generated over $10.6M in profits on Hyperliquid, closed their 1,000 BTC ($91M) short position at a $1.6M loss. The original short position was entered at $89,765.6.
Following this closure, 0x0ddf9 immediately established a 3x leveraged long position on 1,000 BTC ($91M), setting their liquidation price at $59,112.