Whale closes short BTC position after ~$10M realized loss

TREE NEWS update: A whale known as ‘先定10个大目标’ closed their short BTC position after suffering about $10 million in realized losses. The trader had entered shorts near $74,000-$76,000, reduced most of the position as price spiked to $79,500, and eventually covered the rest, citing discipline and a desire to avoid missing a potential rally to $80,000-$100,000.