Whale Makes Waves: $517M Bitcoin Short After Price Surge!
๐๐ฅ๐
According to Lookonchain via Foresight News, a major #Bitcoin whale has jumped into heavy short positions right after BTC's recent price pump!
Hereโs the scoop:
๐ Initial short: 3,940 BTC at $84,040.8 (~$332M)
๐ Added more: Up to 6,211 BTC at $83,898 (~$517M)
โก Leverage: 40x (!!)
๐ฅ Liquidation price: $85,559
๐ธ Extra margin: $5M USDC added to avoid liquidation
โ Profit secured: $9.4M in just 8 days!
Even after a "liquidation hunt" attempt by other traders, this whale managed to swim to safety and walk away with millions in gains.
Current BTC Price: $95,292 ๐
Is the whale onto somethingโฆ or swimming against the tide?
#CryptoNews #BTC #BitcoinWhale #TradingStrategy #BinanceSquare