$BTC The short-term big holders are starting to flip bullish—why are you still stubbornly short?!
This big holder just closed 760 BTC worth of short positions, then immediately switched to a bullish position of 900 BTC—40 times the size—directly throwing in nearly 70 million USDT!
And this wasn’t a loss-cut stop for the short. After making money, he proactively closed the short and then reversed to go long—the logic is completely different. It suggests that, in his view, the downside space for further dumping is no longer as worthwhile as the upside rebound.
The market is also currently in the repair phase right after a sharp selloff. At this point, going long first is a pretty good value proposition!
This big holder just closed 760 BTC worth of short positions, then immediately switched to a bullish position of 900 BTC—40 times the size—directly throwing in nearly 70 million USDT!
And this wasn’t a loss-cut stop for the short. After making money, he proactively closed the short and then reversed to go long—the logic is completely different. It suggests that, in his view, the downside space for further dumping is no longer as worthwhile as the upside rebound.
The market is also currently in the repair phase right after a sharp selloff. At this point, going long first is a pretty good value proposition!
