Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-08-28
06:13
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Whale Opens Short Position Overnight, Sells 390.86 BTC for $30.77M

According to BlockBeats citing TradingBeats monitoring, a whale opened a short position overnight on August 28, selling approximately 390.86 BTC at roughly $30.77 million. The trader adjusted its existing 199.45 BTC long position to a 190 BTC holding, reflecting a net reduction in bullish
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BTC0.48%