A few hours before oil moved higher and Bitcoin began to pull back, a trader opened a $1M+ short on $TAO , signaling a well-timed position ahead of market weakness.
$TAO — Short Position Details
Entry: $309.254
Size: $1.01M
Amount: 3.23K $TAO
Leverage: 5x cross
This doesn’t look like a random trade. The timing suggests anticipation of a shift in broader risk sentiment, positioning early before the market showed signs of weakness.
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TAO
252.7
-2.31%
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