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A Bitcoin whale that has placed a huge bet on a drop in the price of the BTC has doubled on trade while markets accumulate key economic data this week.
The whale initially opened a short position of the 40x effect for more than 4,442 BTC, valued at more than $ 368 million, according to data de Morurrscan.
In the past 24 hours, the whale has added to the position, with the BTC Total in the trade in more than 5,199 pieces, worth more than $ 432.7 million, at 1:18 HNE.
Bitcoin Whale seated on an unrealized gain of $ 3.6 million
The post has so far worked in favor of the merchant. The Morteine data shows that the whale opened the position when the market leader in cryptography was negotiated at $ 83,923.20.
Bitcoin A since since abandoned Slightly to negotiate $ 82,875. The trade liquidation price is $ 86,115.
The decline in the BTC price has resulted in an unparalleled gain of more than $ 4.1 million for cryptocurrency so far. However, the merchant has a loss of more than $ 382,000 on the costs of financing his post.
WOW!!! It’s crazy 🤯
Trump Insider Whale who opened a
$ 380 million short bitcoin with 40x
is driven publicly on “X” by
a group of people trying to
Liquidate it at $ 86,600. pic.twitter.com/3z6zgvtxfz– ash crypto (@ashcryptoral) March 16, 2025
This short position was opened before many economic versions this week. In particular, investors are preparing for the meeting of the Federal Open Market Committee (FOMC) on March 19, which could have an impact on the appetite of investors for risky asset classes such as Bitcoin.
The cryptography market decreases by 1% while the first ten cryptos are bleeding
In the past 24 hours, the capitalization of the crypto market has dropped by more than 1%, according to data from Coinmarketcap. It was after almost every ten best the most important cryptos recorded 24 -hour losses.
Only BNB has achieved a gain during the last day of negotiation between the main cryptos, its price increasing by more than 3%.
Meanwhile, Solana (soil) recorded the largest 24 -hour loss in the list of the first ten after the ground price plunged by more than 6%.
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