A well-known trader cleared a BTC Position worth 1.2 billion dollars within 47 minutes, with a single loss of 13.39 million dollars.

According to on-chain data analysis, a well-known trader closed their Bitcoin long positions on May 25, resulting in a loss of approximately 13.39 million dollars. This trader began closing positions at 6:40 AM that day and completed all closures by 7:27 AM, with a total position value of 1.2 billion dollars being cleared in 47 minutes.

Analysis shows that the opening price of this Position was $108,921, while the Close Position price was $107,746, resulting in this significant one-time loss. However, considering the trader's recent multiple Bitcoin trading records, despite the loss this time, the overall trading remains profitable, with an expected profit of approximately $8.45 million.

This event reflects the high volatility of the cryptocurrency market, where even experienced traders can suffer significant losses in a short period of time. At the same time, it highlights the importance of making quick decisions when conducting large transactions, as well as the challenge of maintaining overall profitability in a turbulent market.