Mysterious Whale Bets $1B on a Bitcoin Crash
In a high-stakes trade, a mysterious #whale opened a $1 billion short position on #bitcoin with 40× leverage. The bet will be liquidated if $BTC ’s price rises to about $110,500 – just below the recent all-time high – making it an extremely risky gamble.
News of this massive short has the community buzzing: some traders believe the whale’s confidence signals an incoming market drop, while others warn it could backfire spectacularly via a #ShortSqueeze that liquidates the position.
With so much money on the line, this trade has become a focal point of speculation about whether Bitcoin’s next move will dump or pump or trump.
