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Woofun AI reports that contract whale "Setting 10 Big Goals First" disclosed a 4x leveraged short position on Bitcoin, currently generating over $980,000 in unrealized gains with a 2.19% return rate. The trader characterized this trade as a short-term bearish bet.
Previously, the same entity closed a profitable long position on Bitcoin earlier in the day, realizing $6.019 million. The whale stated that the bullish trend remains intact, noting that the position was closed to secure gains and would remain idle for two days.