Mysterious Whale Bets 1 Billion USD on Bitcoin's Decline
In a high-risk trade, a mysterious whale #whale has opened a short position of 1 billion USD on #bitcoin with 40× leverage. This bet will be liquidated if the price of $BTC rises to around 110,500 USD - just below the recent all-time high - making this an extremely risky play.
News of this massive short position has left the community buzzing: some traders believe the whale's confidence signals an imminent market decline, while others warn that this could spectacularly backfire through a #ShortSqueeze liquidation of the position.
With so much money at stake, this trade has become the focal point of speculation about whether Bitcoin's next move will be a decline, a rise, or an outperformance. Will it go up or down tonight?
