📉 amid Market Decline – Whale Doubles Down on the Drop

Amidst the market decline, the trader known as @qwatio has aggressively reopened his short positions, according to a report from BlockBeats.

🔻 After reducing his previous short position of $300 million to less than $100 million due to a series of liquidations, he has now decided to increase his position again to $132 million, betting on the continuation of the downward trend.

💰 Currently, he holds a short position with unrealized gains estimated at $1.4 million, with relatively high liquidation prices:

BTC: at the level of $114,210

ETH: at the level of $3,822

🧠 This move indicates a high confidence from the trader in the continuation of selling pressures, or at least his bet on no violent rebound in the near term.

With the extreme volatility, whale movements like this become particularly significant, and may signal an extension of the downward wave or a trap for late speculators.

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