In brief: Holding a $101 million short position, Wintermute warns that Bitcoin could fall further.
The tone is somewhat negative, and short-term sentiment could be easily affected. The key question is whether selling pressure will persist. Watch whether the price holds above its intraday low after the news.
$BTC is currently at 77231.34, down 1.53% on the day. Add it to the watchlist for now.
The tone is somewhat negative, and short-term sentiment could be easily affected. The key question is whether selling pressure will persist. Watch whether the price holds above its intraday low after the news.
$BTC is currently at 77231.34, down 1.53% on the day. Add it to the watchlist for now.