Bitcoin Whale Opens $235M Short After $200M Gain
The post Bitcoin Whale Opens $235M Short After $200M Gain appeared on BitcoinEthereumNews.com.
A large Bitcoin whale has opened a fresh $235 million short position. This shows that big investors are preparing for more turbulence in the crypto market. The trader, who made headlines last week after earning around $200 million from Bitcoin’s drop to $100,000, appears to be betting again on further downside. The new short was opened when Bitcoin traded near $111,190, according to blockchain tracking platform Hypurrscan. It carries 10x leverage, meaning the position is magnified tenfold. At current prices, the trader faces about $2.6 million in unrealized losses, with liquidation possible if Bitcoin climbs above $112,368. Whale Moves Millions as Bitcoin Price Struggles Data from Arkham shows that the whale recently transferred $540 million worth of BTC to new wallets, including $220 million to Coinbase. He also sent $30 million to Hyperliquid, the platform where he placed the short position. Hyperliquid whale opens yet another short | source: X Blockchain records suggest this is the same investor who earlier rotated around $5 billion of Bitcoin into Ether. That move briefly made him one of the largest individual holders of ETH, holding even more than the corporate treasury of Sharplink. Analyst Willy Woo noted in August that heavy selling from dormant whales had weighed on Bitcoin’s performance. Now, newer large holders are also under pressure. CryptoQuant estimates that this group faces a collective unrealised loss of $6.95 billion after Bitcoin slipped below its average cost basis of $113,000. Even so, several market watchers view the recent dip to $104,000 as a necessary reset after months of leveraged speculation. Glassnode reported that short-term holders are now taking up more of the market share, which shows a shift toward speculative trading once again. ‘Trump insider’ Bitcoin Whale Expands Short Position Another Bitcoin whale, known in the community as the “Trump insider,” has…
Filed under: News - @ October 22, 2025 9:28 am