🐋 Ancient Bitcoin Whale Adds to $100M Short Position

According to Onchain Lens, an ancient Bitcoin whale has just increased its short position by 200 BTC (~$22.1M), bringing the total to nearly $100 million in open shorts.

📊 Position Overview (Oct 20, 16:22)

â–Ș Total Position: 900 BTC

â–Ș Position Value: $99.6M

â–Ș Entry Price: $109,521

â–Ș Liquidation Price: $141,072

â–Ș Floating Loss: ~$1.1M

â–Ș Leverage: 10x

💡 Market Insight:

â–Ș This move suggests the whale expects Bitcoin’s rally to slow near current levels (~$109K).

â–Ș The market, however, remains resilient — BTC is up +2.82% in the last 24 hours.

â–Ș If momentum continues, this whale could face a short squeeze near the $110K–$115K zone.

⚠ Watch Zone:

A breakout above $110K could trigger liquidation pressure for leveraged shorts.

💬 Do you think this ancient whale is smart money preparing for a reversal, or trapped in overconfidence as Bitcoin climbs higher?

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