#Bitcoin whale starts $235M short on $BTC , after netting $200M on market meltdown.

The $11 billion #Bitcoin whale made millions from the crypto market crash in the last week and is still placing bets on more downside.

The $11 billion #Bitcoin whale is back with another significant short position, suggesting that some big players are hedging for more crypto market falls because of tariff concerns and the still ongoing US government shutdown.

The $11 billion Bitcoin whale was created a couple of months ago and flipped around some $5 billion worth of $BTC into Ether $ETH $3,863, briefly overtaking Sharplink, the second-largest corporate treasury company, in overall ETH holdings, Cointelegraph reported on Sept. 1.