🚨 BTC Whale Takes a $1.6M Hit Today
A major Bitcoin whale who shorted BTC around the ~$96K mark closed their position today, realizing a $1.6 million loss.
This is arguably the worst time to short Bitcoin.
Here’s why:
👉 Institutional demand for BTC is surging.
👉 Arizona just became the second U.S. state—after New Hampshire—to pass a Strategic Bitcoin Reserve Bill.
And all of this unfolded in under 48 hours.
Bitcoin briefly touched $99.4K before pulling back slightly. What’s next?
$99.5K is a critical level: that’s where long-term holders’ unrealized gains will reach 350%—a level where some may start taking profits.
But the biggest headline today?
#Trump is expected to announce a major trade deal at 10 AM ET / 7:30 PM IST.
If the announcement is favorable, Bitcoin could easily break above $100K.