🔸 A whale (0xf3f496c9486be5924a93d67e98298733bb47057c) has shorted $423M worth of $BTC and $40M worth of $ETH —but what’s really happening? Is this a war between whales and insiders? Let’s dive in:
🔸 Early this morning, the whale shorted $330M worth of #BTC . Market makers quickly attempted to liquidate him, but he added $5M more to his position, pushing his liquidation level to $86,100.
🔸 Despite continuous liquidation attempts, the selling pressure is so high that every effort to squeeze him out is failing.
🔸 Even @Justin Sun孙宇晨 is allegedly trying to liquidate him—but no success yet.
🔸 My perspective? Market makers are creating a bullish illusion, making traders believe a pump is coming to liquidate the whale. This could encourage retailers to buy, only for market makers to sell off before a mega dump—possibly down to $74K.
🔸 The battle between this insider whale and market makers is still ongoing—who do you think will win? Drop your thoughts in the comments!