Crypto market shorting legend! Ultimate whale shorts BTC 20x, rakes in over 18 million + 9.56 million effortlessly🤯
Who wouldn’t say that the shorting whale knows how to make money! This operation in the crypto market directly makes him a legend👇
On December 14, HyperInsight monitored the evidence, 'Ultimate Short' whale 0x5D2 is ruthless! At the high of BTC at $111,400, he decisively took action, opening a 20x leveraged short position with 820 BTC, now directly enjoying an unrealized profit of $18.11 million!
What's even more amazing is that just from the funding rate, he made a pure profit of $9.56 million! It's worth noting that the funding rate is paid between longs and shorts, which means that long players in the market have been 'sending money' to this whale, equivalent to a double whammy harvesting the market😱
What does 20x leverage mean? If you slightly catch the rhythm, the earnings double, but the whale precisely shorted at the high, perfectly predicting BTC's drop from over 110,000 to around 90,000 now. Who doesn’t admire such vision and courage?
Previously, there was a liquidation of 55.71 million across the network in one hour, followed by OG whales continuing to sell, and now the shorting big shot is also making a killing while exiting. It’s really tough for the bulls! Does this wave mean BTC will continue to correct? $FIS
