The ancient BTC whale who made a high-profile switch to ETH has fully closed nearly $500 million in BTC short positions.

According to a report by Jinse Finance, on-chain analyst @ai_9684xtpa monitored that after a night of small-scale position reductions, the ancient BTC whale who had high-profile switched to ETH finally closed out 4,394.73 BTC five hours ago. Over five days, the whale made a profit of $92.46 million. Meanwhile, BTC has rebounded above $113,000, and nearly $500 million worth of BTC short positions have all been closed.