Whale Makes Waves: $517M Bitcoin Short After Price Surge!

๐Ÿ‹๐Ÿ’ฅ๐Ÿ“‰

According to Lookonchain via Foresight News, a major #Bitcoin whale has jumped into heavy short positions right after BTC's recent price pump!

Hereโ€™s the scoop:

๐Ÿ“Œ Initial short: 3,940 BTC at $84,040.8 (~$332M)

๐Ÿ“Œ Added more: Up to 6,211 BTC at $83,898 (~$517M)

โšก Leverage: 40x (!!)

๐Ÿ”ฅ Liquidation price: $85,559

๐Ÿ’ธ Extra margin: $5M USDC added to avoid liquidation

โœ… 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 ๐Ÿš€

Is the whale onto somethingโ€ฆ or swimming against the tide?

#CryptoNews #BTC #BitcoinWhale #TradingStrategy #BinanceSquare