💥Stunned! A 75 million gamble to short Bitcoin has ended up in a double trap!
Two financially strong big shots recently placed heavy bets on Bitcoin's decline, only to witness a scene of 'gambling backfire':
🐳 Whale A: Deposited 5.58 million USDC, opened a 40x leveraged short position, with a nominal value exceeding 70 million USD, now facing a floating loss of nearly 900,000 USD.
🐋 Whale B: Invested 4.9 million USDC, opened an 11x leveraged short position, with holdings exceeding 56 million USD, currently also down over 600,000 USD.
In total, over 75 million RMB funds are trapped in high-leverage shorts, making the scene exclaim: Even the big shots are in trouble!
📉 Does this indicate that the market will reverse upwards? Or is it the calm before the storm?
The market is unpredictable, caution is key; winning bets are a matter of luck, while preserving capital relies on knowledge!
Will you follow their lead in shorting, or take the opposite position?
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