#Shortbtc
Hi.
Crypto Lovers.
Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days
The Bitcoin whale closed his short position shortly after a lower-than-expected CPI reading flashed an optimistic Bitcoin signal, due to easing monetary inflation concerns.
A Bitcoin whale has closed over half a billion dollars in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week.
A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin
— worth over $516 million —
