Bitcoin whale worth $11 billion bets on a correction of BTC and ETH with short positions of $900 million
In one of its first moves in two months, the Bitcoin whale returned to open short positions in Bitcoin and Ether worth hundreds of millions of dollars, betting on their short-term price drop.
A large cryptocurrency investor who appeared two months ago with Bitcoin worth about $11 billion has opened short positions of nearly $900 million against Bitcoin and Ether, signaling expectations of a market correction despite widespread optimism for October.
The whale returned to trade on Thursday with a Bitcoin transfer
BTC
€95,704
of $360 million that sparked the interest of cryptocurrency investors, according to Cointelegraph.$BTC $ETH
ETH
3,243.21
+1.29%
