Mystery Whale With $400 Million BTC Short Makes Unexpected Move: Details

CN
U.today
Follow
23 hours ago

Eyes are currently on a mysterious Bitcoin whale holding a massive $400 million short position, with market observers curious to see where it all ends.


U.Today recently reported on a Bitcoin whale who opened a short position of $332 million in Bitcoin with an entry price of $84,040, sparking interest in the crypto market. According to Bitcoin historian Pete Rizzo, the whale, now with $400 million BTC shorts, is "using all available margin" to double down on his short position.


BREAKING: MYSTERY WHALE WITH $400 MILLION #BITCOIN SHORT IS "USING ALL AVAILABLE MARGIN" TO SHORT BTC AGAIN
HE MUST BE LIQUIDATED. SEND IT 🚀 pic.twitter.com/FYmliU9uk0

— The Bitcoin Historian (@pete_rizzo_) March 17, 2025

Market observers who tracked the whale's action since yesterday reported that the whale later increased his Bitcoin short position from $332 million to $400 million (at 40x leverage) at a liquidation price of $86,384.


Shortly after, the whale expanded his Bitcoin short position to nearly 5,000 Bitcoin, or $415 million (still at 40x leverage) at a liquidation price of $86,100, as well as $40 million short ETH (at 25x leverage). He later increased his short positions, totaling 5,608 BTC short, or $464 million, with a liquidation price of $85,842.


HOT Stories $1.7 Billion Outflows Hit BTC, ETH, SOL for 5th Week, But Here's Survivor Cardano (ADA) on Verge of Overtaking Dogecoin (DOGE) Bollinger Bands Give XRP Chance for New All-Time High Breaking: Michael Saylor Announces New Strategy 130 Bitcoin (BTC) Acquisition

Related
Sun, 03/16/2025 - 12:52 Whale Opens $332 Million Bitcoin Short, Here's His Liquidation Price
Alex Dovbnya

In a surprising move, the whale began closing the short position and buying back 500 BTC overnight but then resumed shorting this morning to keep the price below $83,700.


Eyes on Bitcoin price


The aggressive move has caused speculation among crypto participants. Many traders are now wondering whether the whale anticipated a price drop or is simply executing a high-risk strategy. Meanwhile, eyes remain on the Bitcoin price, which is currently facing resistance at the daily SMA 200 at $84,100 after reaching $85,000 in Sunday's trading session.



Related
Tue, 01/28/2025 - 16:11 Massive New Bitcoin Whale Birthed With 1,300 BTC Shift: Details
Tomiwabold Olajide

At press time, Bitcoin is trading marginally down in the last 24 hours, below $83,000 at $82,996.


With Bitcoin's price hovering around critical levels, the market remains on edge. This week, all eyes will be on the Federal Reserve’s latest policy meeting on Wednesday, when officials will decide whether to lower interest rates. The Fed is widely expected to keep interest rates unchanged, with traders predicting a 99% chance of this happening.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink