🇺🇸 Insider information or just plain gambling? This trader stakes millions of USD on Bitcoin (BTC)
- Bitcoin has fallen from a level near $82,000 earlier this month, while analysts expect the price could continue to drop.
- A trader known as 0x396d opened a highly risky long position with 40x leverage on 911.55 BTC, worth $70.08 million, sparking speculation that this person may have access to insider information, given an impressive 92.5% win rate in previous trades.
- Inflation data set to be released by the U.S. Bureau of Labor Statistics could significantly affect Bitcoin’s price; analysts forecast it could fall to $74,000 if key support levels are broken.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin has fallen from a level near $82,000 earlier this month, while analysts expect the price could continue to drop.
- A trader known as 0x396d opened a highly risky long position with 40x leverage on 911.55 BTC, worth $70.08 million, sparking speculation that this person may have access to insider information, given an impressive 92.5% win rate in previous trades.
- Inflation data set to be released by the U.S. Bureau of Labor Statistics could significantly affect Bitcoin’s price; analysts forecast it could fall to $74,000 if key support levels are broken.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
