Whale Trader Closes $10 Million Bitcoin Short and Opens $12 Million Long

A prominent Bitcoin derivatives trading account has reversed its bearish stance, fully closing a $10.04 million short position at an average execution price of $80,291 and opening an $11.97 million long position at an average entry price of $79,810. The directional shift by address 0xbf732ea04197942783e34730ed6e0f6099575d58 followed an earlier trade on October 25, when a profitable account initiated a 125 BTC short position worth about $10.05 million at an average entry price of $80,374.64. After the recent flip, the address holds approximately $21.89 million in cumulative trading gains.