Bitcoin Bitcoin shorts coded, 1.4 million dollars-and then reopen the situation

Main meals:

• The main encryption whale partially closed a large short position in Bitcoin.
• After closing 387.02 BTC, the whale reserves $ 1.4 million in profit, causing short fluctuations in the price of bitcoin.
• Although profits are achieved, the whale increased its short location again, this time with a larger size, indicating the continuation of the emotional feelings.

Bitcoin whale profits, then re -upload – tactical move or market signal?

A well -known merchant in the cryptocurrency community made waves on the market on March 16. A strategic closed whale from its short stances on Bitcoin (BTC) and ETHEREUM (ETH), making a profit of $ 1.4 million. After this closure, the market witnessed a positive positive reaction, as Bitcoin currency slightly increased before stability.

According to the analyst on the series @ai_9684XTPAThe whale was filtered 387.02 BTC and withdrawn $ 6 million from the Hyperleliquid platform. This came after a formed withdrawal of 12 million US dollars, of which 10.6 million US dollars are guaranteed for a short company. The whale seems wisely from changing the market conditions to lock their profits.

Short positions are still maintained and the potential impact on the market

But this is not the place where the story ends. After about 72 hours of coverage, this whale opened a huge short position on the surprise of many. This courageous step confirms the position of the declining direction. The rest of the wallet consists of a short site 20x on BTC, which contains 125.62 BTC, which opened at 94,371.3 dollars, at a $ 10,730 filtering price. Also, there is a short 20x location on ETH with 365 ETH at an entry price of $ 2,658, at a $ 9,375.4 liquidation price. The total of these situations is very large at 11.275 million dollars.

Achieving initial profit through the whale, and the fluctuation of prices that resulted from the actions of the whale, followed by re -entering some speculation about its motives. There is a very possible position as the whale expects a more widespread correction of the markets, thanks to the total economic factors or organizational developments. They could have closed their initial location to lock profits before this expected correction, as they seek to shorten low prices now with a larger short position. Another possibility is that the whale tries to manipulate the market, take advantage of its large capital to generate fear and uncertainty, and take advantage of the fluctuations that followed. The rapid expansion of the short whale center enhances speculation that they may try to influence market morale by selling open.

The whale multiplies on the Haboodian bets: a short position rises to $ 365 million

Perhaps more surprising now, it was reported that this itself has expanded its short position to $ 365 million, at a liquidation price of $ 85,592. This is an enormous increase in its previous location, and enhances more landfill on bitcoin. This bold step sent shock waves across the encryption world, which caused speculation and anxiety.

As one of the analysts said, “What do we do not do?The sharp and sudden rise in the short situation indicates a very high condemnation of an imminent correction, regardless of the exact operator that may turn to it.

Adult traders have a huge impact on market dynamics, often constitute morale and fluctuation of driving prices. This is why you follow the “whale” activity is important for any encryption investor. The first closure of the short position gives us a real example of this effect and a slight increase, but it is brief in the price of bitcoin due to the same thing.

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