Big whale Lightning shorts 55 BTC, with $5.2 million leverage betting on a market decline

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【Blockchain Rhythm】On-chain monitoring data shows that at 13:24 on January 14th, a large whale suddenly made a move. This trader opened a short position with 10x leverage, shorting 54.77 BTC, equivalent to about $5.2 million. The entry price was set around $94,986. Based on the current market conditions, this short position has already yielded some gains, with slight unrealized profits. Such large leveraged operations often reflect the judgment of institutions or experienced traders on short-term market trends. A single such large short position indicates that pessimism about BTC’s recent price movement is quite strong. It is worth continuing to observe how this position develops in the future.

BTC3.18%
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