According to a report by ChainCatcher, the MLM monitoring system detected that a veteran dealer of Bitcoin, who recently drew attention for a large capital movement into ETH, has once again taken a short position of 1423 BTC. This amounts to a transaction worth approximately 161 million Dollar.



This movement suggests a large flow of funds in the cryptocurrency market and is attracting interest among investors. The behavior of this investor, known as the Legendary Whale, is often known to have a significant impact on the market.

However, it is uncertain how such large-scale transactions will impact the market. The cryptocurrency market is highly volatile and influenced by many factors, making it difficult to predict the market direction based on a single transaction.

It is important for investors to always make investment decisions with self-responsibility. While keeping an eye on market trends, it is recommended to implement appropriate risk management.

Please note that this information includes third-party opinions and is not financial advice. It may also contain sponsored content.
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