Bitcoin: A whale is betting $ 368 million on a BTC decline

Risky bet. Crypto investors are waiting for American Federal Reserve (Fed) Decision on Interest Rate. With the main result to come and add A little more instability on the markets. However, it seems that the opportunity some traders decided to take advantage of. For example This bitcoin whale it comes Earn $ 368 million on a BTC decline… With the effect of the lever 40x. A courageous bet that could bring a big … or not!

Key points of this article:

  • The main investor risked $ 368 million on a drop of bitcoins using the 40x lever effect, creating a possible shock on the market.
  • This courageous bet was carried out just before the decisive Feder session, which could cause extreme volatility on the financial markets.

Massive short position on bitcoins

Everyone hoped to see the whales of Bitcoin End their sales pressure on the price of BTC. However, it may be necessary for the current macroeconomic context to be more favorable to the cryptocurrency market.

Because The period is relatively unstable. And mostly because of international policy Initiated in the form of a trade war Donald Trump. Because this situation could well BTC project even lower, around $ 75,000.

A direction that seems to be a determined bitcoin whale. Because the data on the hyperliquid blockchain, the Morterscan, are unambiguous. The big investor opened Short position during BTCWith 40x lever effect!

Bitcoin Whale position – Morurrscan

What does this mean? Obviously this whale has a fair Bet on a decline in BTC. And seems to be ready to play $ 368 million (4 442 BTC) on this market management. A decision that brings him back for now $ 2 million Theoretical (unrealized) for $ 200,000 for financing. And and 85 592 $ border Above all, they do not exceed.

Bet before Fed’s decision

This bet hits just before key week For the American economy. Really, Federal Committee on Open Market (FOMC) De la Fed must meet 19 March. This for the purpose of deciding Management that will have monetary policy The United States.

In fact, the financial markets expect Fed maintains stable interest rates. But due to the current chaotic situation, any surprise in the field could cause strong volatility.

According to the main analyst of the research of Bitget Ryan Lee, The threshold to be monitored to bitcoins is $ 81,000. Because BTC must necessarily close for them Avoid a new fall.

“The key level to be monitored for a weekly fence is $ 81,000. Maintenance over this level would signal resistance, but if we see a drop below $ 76,000, it could start selling short -term pressure ”

Ryan Lee

This Bitcoin He’s not the only one to risk. Congener on Ethereum recently lost $ 308 million as part of a business operation. Because BIG betting is not necessarily a sign of success. Answer in the coming days …

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