One of the main "whales" of Bitcoin, an investor with holdings valued at approximately USD 11 billion, has generated a great stir in the market by opening short positions amounting to USD 900 million in Bitcoin (BTC) and Ethereum (ETH).
This massive pre-sale movement is interpreted as a strong bet on a price correction in the cryptocurrency market. Analysts point out that the action of this investor, known for their influence, could indicate that they expect a large-scale profit-taking in the short term, which generates caution and selling pressure on the major cryptocurrencies.
