Crypto Whale Opens $332,000,000 Bitcoin Short Position, Sees Profits Even After Getting Hunted: On-Chain Data

A crypto whale with a history of profitable trades has managed to come out on top after opening a massive short position on Bitcoin (BTC). Blockchain analytics firm Lookonchain says a deep-pocketed trader built a 3,940 BTC short position worth $332 million by ramping up leverage to 40x. Short-selling is the act of borrowing an […]
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