criptobtc
1 views
2 Discussing
Hot
Latest
See original
#criptobtc Bitcoin trader changes long position of USD 1.250 billion to a short as BTC price falls below USD 108,000
Bitcoin prepares for a further price drop as some traders await support retests and James Wynn opens a new short position in BTC. Bitcoin drifts further away from its recent all-time highs as U.S. trade tariffs dictate the mood.
Some traders remain unfazed, arguing that BTC's price action could retest even lower levels while maintaining its bullish run.
James Wynn, the trader from Hyperliquid, opens a short position in BTC after closing a long position worth 1.250 billion dollars.
Bitcoin
BTC
€94,642
could not hold the 108,000 dollars at the weekly close on May 25, as the price action struggled to shake off the new issues from the U.S. trade war.
Bitcoin prepares for a further price drop as some traders await support retests and James Wynn opens a new short position in BTC. Bitcoin drifts further away from its recent all-time highs as U.S. trade tariffs dictate the mood.
Some traders remain unfazed, arguing that BTC's price action could retest even lower levels while maintaining its bullish run.
James Wynn, the trader from Hyperliquid, opens a short position in BTC after closing a long position worth 1.250 billion dollars.
Bitcoin
BTC
€94,642
could not hold the 108,000 dollars at the weekly close on May 25, as the price action struggled to shake off the new issues from the U.S. trade war.
Login to explore more contents