Bitcoin (BTC) Short Positions Shrink as On-Chain Trader ‘Calm Down and Open Single King’ Rebounds to 108% ROI; SOL Spotlight on Hyperliquid Leaderboard

According to on-chain data analyzed by CoinBob, the wallet Calm Down and Open Single King re-entered BTC and SOL short positions within the last hour while gradually unwinding portions over the past day. The aggregate notional exposure declined as BTC shed about $7.63 million and SOL about $5.9 million, narrowing overall risk. Unrealized gains sit around $360,000 for BTC (roughly 74% return) with an average entry near $111,000, while SOL shows about $620,000 in unrealized gains (roughly 157%) with an average entry near $189 and a position size reduction from $27 million to $7.94 million.

Previously, the same trader rolled out shorts near the $110,000 level for both BTC and SOL; by Nov 27, the floating loss had approached 150%. Since then, continued counter‑trend shorting at higher levels has helped lift the outlook to an approximate 108% overall return, ranking sixth on the Hyperliquid SOL contract leaderboard. Capital has grown from about $3 million to over $20 million, with SOL shorts generating around $5.1 million in single‑trade profit across 17 trades this month.

COINOTAG notes that recent market volatility has intensified, underscoring the importance of risk controls for traders and investors. While the case highlights precise short execution and notable intra‑month gains, readers should interpret the data cautiously and maintain disciplined risk management within an active on‑chain swing‑trading community.