According to BlockBeats, on July 19, renowned crypto trader Doctor Profit closed all cryptocurrency short positions, including Bitcoin shorts established in the $115,000-$125,000 and $79,000-$82,000 ranges, plus over 100 altcoin shorts opened in recent months, all reportedly closed at significant profits.
Doctor Profit resumed buying Bitcoin spot at $64,000, marking his first long-term position since September 2025. He plans to allocate 5% of designated daily funds to spot purchases if Bitcoin trades in the $54,000-$64,000 range for up to 20 days, with increased buying intensity if price approaches $54,000.