According to CoinMeta, as monitored by on-chain analyst AI, a Bitcoin short position holder with a nominal position of $114 million has incurred a substantial loss of about $978,000 and has reduced its position three times over the past week to stop losses. Last night at 20:30, this account reduced its holdings by 650 BTC, resulting in a loss of approximately $167,000. Subsequently, at 23:00, it added another 269.35 BTC, bringing the current position to about $89.79 million, which corresponds to 1,412 BTC. The current position currently has a floating profit of about $456,000.