175 BTC are sold off instantly, with $110k in hand for safety. Short sellers are more cautious than longs, and the market temperature is so cold that even whales dare not stay submerged for long.

BTC3.59%
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CoinNetwork
CoinWorld News: A certain BTC short whale today, after BTC fell below its cost basis, immediately closed the position to preserve capital, with a position size of 175.3 coins, approximately $11.37 million. The closing price was $64,931, resulting in a small profit of about $110k.
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