AI Summary
A major trader has boosted their short position to $74.43 million, signaling a strong bearish stance. This move could indicate rising market volatility and potential downward pressure on $BTC prices.
According to BlockBeats On-chain Detection, on-chain analyst Ai Yi has revealed that a notable market participant โ widely known as the โ100% Win Rate Whaleโ โ has increased their short position by 666 BTC.
This adjustment brings the total position to an estimated $74.43 million, with an average entry price of $110,004.1 per $BTC . Despite the whaleโs reputation for precision, the current position is facing an unrealized loss of around $1.17 million.
While short-term losses are evident, traders are watching closely โ such large-scale moves often foreshadow significant market shifts. Whether this whale is preparing for a deeper correction or a calculated risk in anticipation of volatility remains to be seen.
Stay alert โ when the โ100% Win Rate Whaleโ makes a move, the market tends to follow. ๐
