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Whale’s $27M BTC Short Breaks Even—Then Dives Again

Whale’s $27M BTC Short Breaks Even—Then Dives Again

Coinomedia2025/10/13 07:18
By: Isolde VerneIsolde Verne
BTC+0.13%HYPE+5.47%
Whale 0x5D2F flipped a $27M Bitcoin short loss into profit—only to fall back into a $4.8M drawdown as the market rebounded.Whale’s $27M Short Reversal Ends in More PainA High-Stakes Game of Patience—or Miscalculation?Lessons for Traders: Don’t Let Profits Slip
  • Whale 0x5D2F’s 5-month losing BTC short briefly turned profitable
  • Didn’t fully close position; now back down $4.8M
  • Liquidation price stands at $123,263

Whale’s $27M Short Reversal Ends in More Pain

A well-known crypto whale, operating under the wallet address 0x5D2F, briefly escaped a brutal five-month losing streak on a massive Bitcoin short—only to find himself back underwater within days.

The position, which at its worst had racked up a $27 million unrealized loss, finally flipped into profit during the recent flash crash. But instead of closing the trade entirely, the whale held on—perhaps hoping for further downside. That decision has quickly turned costly.

As the market bounced back, Bitcoin rallied sharply. Now, the same position is sitting at a $4.8 million unrealized loss once again.

His liquidation price? A towering $123,263—a level that looked far off days ago, but could be within reach if bullish momentum returns.

A High-Stakes Game of Patience—or Miscalculation?

The move reflects the high-stakes world whales operate in, often holding risky positions over long periods with the hope of massive payouts. But it also shows how quickly fortunes can change in a volatile market like crypto.

This whale had ample opportunity to exit clean when the price briefly dipped—but by leaving the position open, he exposed himself to renewed upside risk. Now, with Bitcoin on the rebound and funding rates reset, bullish sentiment is gaining traction once again.

It’s unclear whether 0x5D2F plans to double down, reduce exposure, or ride it out. But one thing is certain: this position is now on thin ice, and the broader market will be watching closely.

Lessons for Traders: Don’t Let Profits Slip

This situation serves as a powerful lesson: timing is everything. Even the biggest players in the game can misjudge the bounce. In a market that moves this fast, hesitation can cost millions.

Whether you’re a whale or a retail trader, managing risk, setting exit strategies, and locking in profits when the opportunity arises can make all the difference.

Read Also:

  • Hyperliquid Founder: CEXs Hide True Liquidation Numbers
  • Larry Fink: Crypto Is an Alternative Like Gold
  • Crypto Funding Rates Hit Lowest Since 2022 Crash
  • Tapbit Delivers a Strong Presence at TOKEN2049 Singapore
  • Whale’s $27M BTC Short Breaks Even—Then Dives Again
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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