One whale, two massive bets… and neither is going smoothly 😬.
This trader is currently sitting on a 40x $BTC short worth 960 BTC, entered at $66,891.7.
The position is already showing an unrealized loss of around $4.80M. He also had a huge 25x $ETH long ... 18,688.3 ETH, worth about $42.45M, with an entry around $2,270.43.
But that ETH trade is now over. Just an hour ago, he closed the long and walked away with a $106.8K loss. So right now, the BTC short is the big one to watch. If BTC keeps p...
This guy is basically saying: “Let $BTC go higher, I’ll short it.” 😱
The long-short battle is getting wild. One whale is already sitting on a 20x short of 650 BTC, worth around $46.73M, with an entry at $71,154.5.
But that’s not all. He’s also placed another $10.95M worth of limit sell orders , about 150 BTC --- between $72,610 and $73,200.
So if #BTC keeps climbing into that zone, he’s ready to keep adding to the short.
That’s a $50M+ bearish bet while the market is pushing higher. High convi...