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The Model
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dayuuum, they are literally whales
lookonchain
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A whale has been very good at shorting $BTC during recent price drops, with an unrealized profit of over $7.5M!
On Feb 22, he shorted $BTC at ~$96,500, and within a week, $BTC plummeted below $80,000.
He closed his short position near the bottom at ~$78,900 with perfect timing.
Due to Trump's executive order, $BTC soared past $94,000, and he precisely re-entered a short position at the peak of ~$94,424.
What’s his next move?
He has now set additional short positions at $92,449 - $92,636 and placed limit orders to take profit between $70,475 - $74,192.
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