leveraged bitcoin short position whale - Crypto Whale Flips to Short, Opens $35M Leveraged Positions
A prominent crypto whale, known for selling 255 BTC, has closed a long position with a $14.49 million profit and has now switched to shorting. The whale has initiated short positions on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) using 20x leverage, with a total value of $35 million. This strategic move indicates a bearish outlook on these cryptocurrencies.