A whale with a 75% win rate opened a $33 million short position on Bitcoin with 40x leverage
This is no ordinary trader 75% win rate and is now putting $33M on the line betting $BTC will fall
40x leverage means a strong move against his position could wipe out the trade very quickly
So the question isn’t just why he opened a short position now?
But what does this trader see in Bitcoin that the market doesn’t yet see?
Is he expecting a sharp correction, or could this trade fuel a short squeeze if BTC moves against him?
This is no ordinary trader 75% win rate and is now putting $33M on the line betting $BTC will fall
40x leverage means a strong move against his position could wipe out the trade very quickly
So the question isn’t just why he opened a short position now?
But what does this trader see in Bitcoin that the market doesn’t yet see?
Is he expecting a sharp correction, or could this trade fuel a short squeeze if BTC moves against him?