EyeOnChain
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Bullish
$BTC , Ufffff....FINALLY Exit 🥳500 Million in Shorts, Gone Overnight.......and just like that… the storm passed.
Nearly $500 million worth of BTC short positions have been fully closed. The mysterious “Ancient Whale” .... the same one who famously swapped ETH for BTC and rattled the entire derivatives market ; FINALLY CASHED out.
After a quiet night of gradual reductions, he pulled the trigger five hours ago, closing 4,394.73 #BTC in shorts. His final tally?
💰 OVER $92.66 million in profit over just five days....As if on cue, Bitcoin bounced back above $113,000, almost like the market was exhaling after a week of tension. For now, it looks like a bullish signal ; at least in the short term. The whale has even withdrawn all USDC from his account.....BUT BEFORE the bulls start celebrating, there’s a shadow hanging over the charts ... the Sword of Damocles still dangles. Because as long as his funds remain on-chain, this leviathan can reappear at any moment.; and if his words are true , that “larger-scale shorts will open when liquidity allows” : the next move might not be a retreat, but a setup.
Insider insight or pure market instinct, one thing’s for sure:
when wallet 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae makes a move, the entire market feels it. WE REALLY SALUTE THIS TRADER.
Nearly $500 million worth of BTC short positions have been fully closed. The mysterious “Ancient Whale” .... the same one who famously swapped ETH for BTC and rattled the entire derivatives market ; FINALLY CASHED out.
After a quiet night of gradual reductions, he pulled the trigger five hours ago, closing 4,394.73 #BTC in shorts. His final tally?
💰 OVER $92.66 million in profit over just five days....As if on cue, Bitcoin bounced back above $113,000, almost like the market was exhaling after a week of tension. For now, it looks like a bullish signal ; at least in the short term. The whale has even withdrawn all USDC from his account.....BUT BEFORE the bulls start celebrating, there’s a shadow hanging over the charts ... the Sword of Damocles still dangles. Because as long as his funds remain on-chain, this leviathan can reappear at any moment.; and if his words are true , that “larger-scale shorts will open when liquidity allows” : the next move might not be a retreat, but a setup.
Insider insight or pure market instinct, one thing’s for sure:
when wallet 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae makes a move, the entire market feels it. WE REALLY SALUTE THIS TRADER.
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