CryptoWorld News reports that an on-chain analyst known as “AI姨” posted that a certain guy plans to open a short position. He placed a short order for 160.372 BTC, with an entry price of $66,550, which is about $10.67 million. The community speculates that the sell limit order for 605.73 BTC at the same level is also from this guy; if that’s true, the position size would be $40.31 million, but currently, this limit order does not appear to have been filled.

BTC0.48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 1
  • Share
Comment
Add a comment
Add a comment
MildRugAllergy
· 2h ago
Are there still over 600 BTC sell orders at the same price point? If it's the same person, it's definitely a whale shorting.
View OriginalReply0
0xLateAgain
· 2h ago
66550 short position, now this position... Good luck to him.
View OriginalReply0
DeltaSmile
· 2h ago
This guy is really bold, a $40 million short position—betting on a pullback or a black swan?
View OriginalReply0
GateUser-dd8dffab
· 2h ago
160 BTC orders, on-chain data makes my hands tremble
View OriginalReply0