Bitcoin Whale Who Netted $200 Million From The Previous Crash Opens Another BTC Short

A large Bitcoin whale has opened a fresh $235 million short ￰0￱ shows that big investors are preparing for more turbulence in the crypto ￰1￱ trader, who made headlines last week after earning around $200 million from Bitcoin’s drop to $100,000, appears to be betting again on further ￰2￱ new short was opened when Bitcoin traded near $111,190, according to blockchain tracking platform ￰3￱ carries 10x leverage, meaning the position is magnified ￰4￱ current prices, the trader faces about $2.6 million in unrealized losses, with liquidation possible if Bitcoin climbs above $112,368. Whale Moves Millions as Bitcoin Price Struggles Data from Arkham shows that the whale recently transferred $540 million worth of BTC to new wallets, including $220 million to ￰5￱ also sent $30 million to Hyperliquid, the platform where he placed the short ￰6￱ whale opens yet another short |