Shortly on Bitcoins: Whale wins $ 9.4 million in 8 days!

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This is the story of the BTC whale.. Whales are these investors who have a large number of cryptocurrencies. Therefore, they may have a significant impact on the market. And exactly. Recently, the whale on bitcoins has been shortly $ 516 million. While the liquidation was close, the whale managed to get out of it and earn a profit of $ 9.4 million. Details

Key points of this article:

  • The whale recently opened shorts of $ 516 million on bitcoins and resisted the probability of the X40 lever.

  • It avoided the disposal and made a profit of $ 9.4 million, which illustrates the potential influence of these major investors on the market.

Whale opens on bitcoins shorts of $ 516 million

Monday 17th March Teams Lookonchain They emphasized at least a surprising transaction. The address identified as a whale opened a short amount of $ 516 million to bitcoins.

Whale, very gourmet, opened shorts 6 2110 BTC on the Bitget (Exchange, which is a black List of AMF in France). She used the X40 lever.

Shorts were opened while the BTC course was $ 84,043. As a result, the price of liquidation was $ 85,592.

Part of the whale has filed another $ 5 million to its account to prevent liquidation.

Whale pockets of $ 9.4 million

While The liquidation was close toThe whale finally managed to get out of it. In fact, it closed its position a few hours later and achieved an impressive profit of $ 9.4 million.

Once the shorts are closed, the whale withdrew $ 14.6 million from its Bitget account to a personal wallet.

It also seems that this whale likes this kind of strategy. As Lookonchain emphasized, the whale has already made a profit $ 3.7 million last February.

In fact, he opened 5,000 BTC shorts for $ 80,000. She then closed her position when the price of BTC was $ 79,000, making a profit of $ 3.7 million.

Influence on the course of cryptocurrencies, whale crypto are often monitored by traders of traders who seek to understand the consequences of their behavior in the dynamics of the market. If you want to see what this bitcoin whale has for us to continue in March.

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