BTC HL Whale still in for about half a billion in size for his long position. Has been getting chopped up into oblivion as he was able to dodge liquidations by a hair several times. Monthly uPNL moved from -10M at the start of May, to +70M by May 23rd, now back to -19M. Quite the swings but I don't see how this ends well with the approach. Also feels like this degeneracy is just stalling any potential move up by BTC as it's pretty free liquidity/money that market makers are picking up from letting him open & close this massive size chasing price every day.