Bitcoin News Today: Massive Bitcoin Whale Short Causes $600M in Liquidations, Market Teeters on Uncertainty
- A $11B Bitcoin whale opened a $235M 10x leveraged short at $111,190, risking $2.6M in losses if BTC hits $112,368. - Volatile 24-hour swings triggered $600M in liquidations, with Bitcoin accounting for over half the losses as large investors face $6.95B in unrealized losses. - The whale's strategy—rotating $5B into ETH and re-entering BTC shorts—signals macro caution amid tariff concerns and U.S. government shutdown risks. - Analysts remain divided: some warn of a downtrend, while others view volatility
A
This whale’s activity comes amid a period of extreme swings in the crypto derivatives sector. In the last 24 hours, Bitcoin’s price has fluctuated between $107,000 and $113,000, resulting in $600 million worth of forced liquidations on major trading platforms,
At the same time, overall market sentiment remains shaky. Major holders are now sitting on $6.95 billion in unrealized losses as Bitcoin trades below its average acquisition price of $113,000,
The whale’s approach reflects a cautious stance typical of large institutions. After moving $5 billion into
Opinions among market experts are mixed. Alex Kuptsikevich from FxPro cautioned about a possible short-term decline, while analysts at 99Bitcoins described the recent volatility as a “cleansing” of excessive leverage, as mentioned in the Yahoo Finance article. It remains uncertain whether this signals the beginning of a prolonged downturn or just a brief correction, but the whale’s persistent trading highlights the delicate balance between institutional assurance and speculative risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Washington fueled the Bitcoin bubble, Peter Schiff says
Arthur Hayes, Bitwise exec still bullish as Bitcoin falls under $100K
Bitcoin price 21% dip ‘normal’ as accumulator wallets buy 50K BTC in day
How token burns affect price, and when they don’t