PANews reported on October 15th that nearly $500 million in BTC short positions have been completely closed, according to on-chain analyst @ai_9684xtpa. After a small overnight reduction, the "ancient BTC whale who high-profiled ETH swap" closed out 4,394.73 BTC five hours ago, ultimately making a profit of $92.46 million over five days. Meanwhile, BTC has rebounded above $113,000. He has already withdrawn all of his USDC from his account.