$1.25 Billion $BTC Trade Ends in $13.4 Million Loss

A prominent Bitcoin whale has closed a massive long position, resulting in a significant loss. However, the trader remains profitable, with a $50 million gain over the past month.

The Whale's Next Move: A $376 Million Short

The trader has opened a new short position with 40x leverage, betting against Bitcoin's price. Key details:

- Entry price: $107,100

- Liquidation price: $118,500

This move indicates the whale's bearish outlook on Bitcoin's future price.