Just spotted something interesting on-chain. A whale with a known short-trading style opened a massive 40x leveraged BTC short back at $65,270 last month, and they kept adding to it. Their total short position is sitting at around $34.3M now, with an average entry around $65,300. The liquidation level is at $84,200, and they're currently down about $230K on this trade. Pretty aggressive leverage for such a large position. What's wild is this address has been doing this consistently—they're actually the biggest BTC and DASH shorter on-chain right now. Their DASH shorts got cut in half recently, but the remaining position is still up massive at like 581% profit. These guys basically chase momentum trades and love riding the swings, especially during periods when big institutions are accumulating heavily. Interesting to watch how this plays out given the current market conditions.

BTC-2.36%
DASH-3.23%
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