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A bitcoin whale that made a great bet in a fall in the price of btc has doubled in trade as markets prepare for key economic data this week.
The whale initially opened a short leverage position of 40x for more than 4.442 btc, valued at more than $ 368 million, according to data of Hipurrscan.
In the last 24 hours, the whale has been added to the position, with the total btc in the short trade of more than 5,199 coins, with a value of more than $ 432.7 million, from 1:18 am est.
bitcoin-whale-concept.png?width=1201″ alt=”bitcoin whale” width=”1201″ height=”801″/>
bitcoin whale that meets an unrealized gain of $ 3.6 million
The position has worked so far in favor of the merchant. Hypurrscan data shows that the whale opened the position when the crypto market leader was quoted at $ 83,923.20.
bitcoin It has from <a target="_blank" href="https://coinmarketcap.com/currencies/bitcoin/”>abandonment slightly to operate at $ 82,875. The liquidation price for the operation is $ 86,115.
The decoration in the price of btc has resulted in an unrealized gain of more than $ 4.1 million for the cryptographic so far. However, the merchant has a loss of more than $ 382,000 in the financing rates of his position.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”10.241758241758″>
WOW!!! This is crazy
Trump Insider Whale who opened a
$ 380 million bitcoin short with 40x
is being publicly hunted in “x” by
a group of people trying
Liquidate it at $ 86,600. pic.twitter.com/3z6zgvtxfz
– Ash crypto (@ashcryptoreal) <a target="_blank" href="https://twitter.com/Ashcryptoreal/status/1901314159435735218?ref_src=twsrc%5Etfw”>March 16, 2025
This brief position opened before numerous economic releases this week. In particular, investors are preparing for the meeting of the Federal Open Market Committee (FOMC) on March 19, which could affect the appetite of investors by risk assets classes such as bitcoin.
crypto Market falls 1% as the top with the ten crypts bleed
In the last 24 hours, capitalization of the cryptographic market fell more than 1%, according to data from Coinmarketcap. This was after almost all ten largest crypts recorded 24 hours.
Only BNB achieved a gain on the last day of negotiation between the main crypts, with its price increasing more than 3%.
Meanwhile, Solana (Sol) recorded the largest 24 -hour loss in the list of the main ten after the price of sun fell more than 6%.
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