According to BlockBeats On-chain Detection, an address with a 100% success rate in seven trades since November 21 recently closed a short position of 205 BTC, earning $1.046 million. At 3 a.m. UTC+8, the address initiated another short position of 500 BTC as Bitcoin experienced a slight decline. However, an hour later, Bitcoin's price began to rise, leading to the closure of the position two hours ago with a loss of $448,000, ending the seven-trade winning streak.

BTC-0.8%
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