Top traders hold $103 million in Bitcoin short orders and have made a profit of $7.08 million.

A well-known crypto assets trader has recently attracted market attention. This trader is famous for his expertise in shorting and currently holds a short positions worth $103 million, equivalent to 1,007 Bitcoins. His entry price was $108,467.1, and the liquidation price is $113,155.06.

As of now, this trader's short positions have already gained a floating profit of 5.74 million dollars. In addition, through funding fee earnings, he has also made an additional profit of 1.34 million dollars. According to market analysis, his expected take-profit range is between 93,622 dollars and 94,616 dollars.

It is worth noting that this is not the first time this trader has successfully shorted Bitcoin. It is reported that he has previously made a profit of approximately $14.96 million through four shorting operations on Bitcoin. This series of successful trading strategies demonstrates the trader's accurate judgment of market trends and excellent risk management skills.

This large-scale shorting operation not only reflects the views of individual investors on the market but also influences the overall trend of the Crypto Assets market to some extent. Market participants are closely following this trader's subsequent movements and the potential impact on Bitcoin prices.