😬 This $BTC short is turning into a slow bleed.

As $BTC briefly pushed above $65K, the whale closed another 200 BTC, taking around a $243K loss.

That brings the total realized losses to roughly $1.81M.

He’s still holding 312 $BTC , worth around $20.2M, with an unrealized loss of about $368K.

💰 Funding earned: ~$228K
⚠️ Liquidation: $65,078

The funding income is helping, but it’s still nowhere near covering the losses from the repeated stop-outs.

At this point, it’s looking less like a trade and more like a slow bleed. 📉