This this this, this big brother is not just a little bit savage—he straight up opened a long position of $170 million.
1,000 BTC plus 38,000 ETH, with the BTC average price around 788,000. Now he’s still down more than $2 million.
The key is that Waller just poured a bit of cold water on the market’s rate-cut expectations at Jackson Hole. And this guy—he turns around and adds more.
Is this big brother betting that there won’t be a rate hike in September, or does he simply think this pullback is basically free money?
Of course, if a big player dares to open a position like this, he must have his own reasoning. But a $170 million position isn’t something to mess around with.
If he’s right on direction, he profits. If he’s wrong, then it’s a big performance for the market’s “large-scale stop-loss” event.
$BTC$HYPE
1,000 BTC plus 38,000 ETH, with the BTC average price around 788,000. Now he’s still down more than $2 million.
The key is that Waller just poured a bit of cold water on the market’s rate-cut expectations at Jackson Hole. And this guy—he turns around and adds more.
Is this big brother betting that there won’t be a rate hike in September, or does he simply think this pullback is basically free money?
Of course, if a big player dares to open a position like this, he must have his own reasoning. But a $170 million position isn’t something to mess around with.
If he’s right on direction, he profits. If he’s wrong, then it’s a big performance for the market’s “large-scale stop-loss” event.
$BTC$HYPE
