Bitcoin Whale Opens 18x Short on BTC: 134.55 BTC at $108,200 and 100% Success Across Seven Openings in Half a Month
BTC/USDT
$44,848,329,419.30
$76,617.73 / $70,140.00
Change: $6,477.73 (9.24%)
+0.0019%
Longs pay
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COINOTAG News, October 22, cites AI Auntie’s monitoring, noting that the previously reported $250 million whale long on BTC and ETH has begun to short. The development underscores evolving Bitcoin and ETH market dynamics and may influence near-term sentiment around BTC price action.
According to the same source, the address initiated an 18x BTC short position, holding 134.55 BTC valued at about $14.53 million, with an entry price near $108,200.0. This levered stance signals ongoing appetite for high-risk, high-leverage trades among sizable holders and could amplify short-term volatility in the BTC market.
Over roughly two weeks, the entity has executed seven short entries, a pattern monitored by AI Auntie without independent verification. Market participants should consider this activity alongside macro trends and on-chain signals, recognizing that single positions rarely determine broader cryptocurrency momentum.