Bitcoin Whale Holds $22.6M Short With 345% Unrealized Profit and 90% Win Rate

According to COINOTAG News and on-chain analysis by CoinBob_bot, a leading smart-money address associated with 0xfee has earned a total profit of $5.04 million since its first October trade. The activity covers 30 opening and closing trades, with both monthly win rate and overall win rate above 90%, signaling disciplined execution amid volatility.

The strategy centers on a substantial BTC short position, supported by selective long bets to capture rebound trades. The short build began near $115,000 on October 13 and has been progressively increased. The address now holds a short position of about $22.57 million in Bitcoin, with an unrealized profit of around $5 million (roughly 345%), an average entry price of $107,000, and a liquidation price near $95,200. It also maintains small long exposures in ETH, SOL, and SUI.

These on-chain indicators highlight how whale activity can shape near-term risk dynamics; readers should view them as one data point within a broader, risk-managed crypto strategy rather than a guarantee of future results.