A high-risk position has emerged, capturing attention.
A trader has initiated a significant 40x BTC short order, valued at 19.62 million.
Entry was at 90357.
The position is currently showing early profits, despite market uncertainty.
This trader's profile is notable.
Despite a long-term PnL of nearly -2 million, they are known for aggressive timing, focusing on sharp directional moves. These trades often precede significant volatility.
BTC is currently in a liquidity-heavy zone.
A sweep above could trigger late long positions, potentially leading to a swift reversal. This short appears positioned for such a scenario.
This large order signals an expectation of market turbulence.
It could represent a major trap or the start of a new trend.
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