The famous Bitcoin trader turns bearish with a massive sell-off
From long betting to short selling
The trader who became the talk of the market after his billion-dollar bet on Bitcoin's rise has now reversed his position by opening a short position worth $111 million.
Reasons for the change
A shift in market sentiment and a slight pullback in price action prompted the trader to secure his profits and bet on a near-term correction.
Mixed reactions
Despite this shift, many analysts remain optimistic about the long-term trend, citing ETF fund flows and ongoing institutional demand.
#BitcoinShort #BTCTrader #CryptoSentiment #MarketShift
