A whale just shorted Bitcoin

[Ambatman]

A whale shorted Bitcoin and already in a profit of a million plus with liquidation around $85K
What are the odds they know nothing
Ever since Trump administration
Huge risk whale like this have spranged up and always make profit in hundreds of millions.
The funny is this one with 40* leverage is among the lowest and 50* the most popular.


What are your take on this?

[Hamza2424]

Seems like this guy has a lot of money or he's trying to test his luck using the liquidation chart in a short time frame, anyway he already got a lot of money for a single position, and on top of that the position is in cross liquidation trae which means he got extra funds as well haha.

The market is down from his entry price seems like his, testing got some extra money too.

[LogitechMouse]

Seems like this guy has a lot of money or he's trying to test his luck using the liquidation chart in a short time frame, anyway he already got a lot of money for a single position, and on top of that the position is in cross liquidation trae which means he got extra funds as well haha.

The market is down from his entry price seems like his, testing got some extra money too.

I disagree with "trying to test his luck" but instead, he's an insider whale that has lots of connection towards other whales as well.

This wallet already has been posted yesterday and he only put I think around $225 Million to make a short position. Now he doubled down, and put even more money. I don't believe in luck when it comes to trading. Don't get me wrong though but for me, it's all about knowledge, experience, and connections with whales like the owner of that wallet.

As of this moment, the market has dumped already and the owner already made some fortune out of his position. The current price of Bitcoin is at $82,700, and there might be a chance that it will go down even more in the following days unless this whale will go out of his position. When I saw this post yesterday, I already put a short position.

[0t3p0t]

he's trying to test his luck

I don't think someone called "whale" happened to be just using "luck" on this trade with a whopping hundreds of millions of dollars shorting Bitcoin, isn't it a suicide? Though we all know trading is a game of speculation but damn money that huge maybe he knows something we don't. Or he is expecting for the price to fall back to $70,000 and he got confirmation that is why he is doubling the size of his investment but if you insist luck I am not buying that.

[omori]

My thought on this - a person has funds to throw hands with the market.
That's all 

[Hamza2424]

I disagree with "trying to test his luck" but instead, he's an insider whale that has lots of connection towards other whales as well.

This wallet already has been posted yesterday and he only put I think around $225 Million to make a short position. Now he doubled down, and put even more money. I don't believe in luck when it comes to trading. Don't get me wrong though but for me, it's all about knowledge, experience, and connections with whales like the owner of that wallet.

As of this moment, the market has dumped already and the owner already made some fortune out of his position. The current price of Bitcoin is at $82,700, and there might be a chance that it will go down even more in the following days unless this whale will go out of his position. When I saw this post yesterday, I already put a short position.

I also disagree with myself. On top of that I agree with you at first.

So you also made money, but the market is now in the range of 85k again and now again back to 83.5k. It seems like good days are ahead. It's sad to say but I cant take any short position even if I speculate the market on a point still cant you know.

My current portfolio is down by 70% still chilling around, but as a student, it's hard to imagine how to manage the upcoming fee payments haha.

[memehunter]

My current portfolio is down by 70% still chilling around, but as a student, it's hard to imagine how to manage the upcoming fee payments haha.

OOUCHH, 70% is a lot. Why in the earth you gambled with your tuition fees?

[tabas]

What are the odds they know nothing
..
What are your take on this?

They know something and aside from the other factors that people might tell, these whales can do analysis on their own. I think one thing in consideration is on how they're getting information like for some insiders that they can take advantage with. But I believe that there are the whales that can do this easy with their experience. Well, who knows if these whales have internal connections and they will know prior dumping and so they put themselves in good positions.

[Hamza2424]

OOUCHH, 70% is a lot. Why in the earth you gambled with your tuition fees?

Haha, do you think I am that stupid to gamble, first of all, I don't believe in gambling in any of it's any form. I'm jobless haha, as a student in South Asia it's not surprising to be jobless while studying now planning to move to some other country for a master's and have some good opportunities.

well let's cut the story short these are not my fee funds but I was planning to use them as a source for tuition fees, I can find an alternative anytime soon for that one. and for tuition fees there's enough time to pay.

Yup 70% is too much, it's all because of the Altcoins, and it's not like altcoins I had are from degens or meme coins, 90% of them are in the top 100 and are good projects.

But because I had converted the maximum portion into the Altcoins portfolio fell by 2x, still it's still the Bitcoin portion supporting the rest haha, until it was 50 50 everything was good when it got 20 to 80 proportion due to these terrific talks market crashed and Altcoins are close to their dead end.

70% is a rough estimate it's somewhere between 50 to 70.

Free advice, never cross the plan boundaries and always hold the maximum portion in Bitcoin.

[Bobcrypto]

he's trying to test his luck

I don't think someone called "whale" happened to be just using "luck" on this trade with a whopping hundreds of millions of dollars shorting Bitcoin, isn't it a suicide? Though we all know trading is a game of speculation but damn money that huge maybe he knows something we don't. Or he is expecting for the price to fall back to $70,000 and he got confirmation that is why he is doubling the size of his investment but if you insist luck I am not buying that.

It is very real for anyone to gamble with hundreds of millions dollars, trying to trading with such a huge sum like that can not be classified as a luck.
There are many whales who are highly experienced holders, it is likely that whales would wank to dump the price to buy again at a very cheap price. Selling high and buying back a cheap price has been the most used strategy by many whales, and i don't think that any whales will buy/sell like newbies. many of the whales are highly experienced traders/Holders.

[memehunter]

Haha, do you think I am that stupid to gamble,

How do I know? It is about finding favourable odds and I do no think that those who gamble (with poitive EV)  are stupid either.

  I don't believe in gambling in any of it's any form.

Since its your belief, I will refrain from commenting.

these are not my fee funds but I was planning to use them as a source for tuition fees,

What does that even mean? Since you have panned to spent them as your tution fee, then by definition these were your tution funds. But I will not stress it further, your money your choice anyway.
It is good to hear that you are not that much affected by loss and still can pay tution fee.

[Hamza2424]

How do I know? It is about finding favourable odds and I do no think that those who gamble (with poitive EV)  are stupid either.

Hehe yup, you are right too how would you know whether I'm stupid or not believe me I'm not haha, but those who gamble are stupid in my view as they are gambling it's enough to know about them that they are stupid.

No hate for anyone just my general prespective.

What does that even mean? Since you have panned to spent them as your tution fee, then by definition these were your tution funds. But I will not stress it further, your money your choice anyway.
It is good to hear that you are not that much affected by loss and still can pay tution fee.

Hmm, buddy thanks for the concern haha, since I was planning to use them, but we always plan many things and it is not like if I was planning it and was the only source, I thought the market was in a good swing, and with my returns on Altcoins can save some more, but I didn't go in the direction I was expecting still it's not like I'm lost all of us are sticking to market and for sure sooner or later the market will recover.

Even the 90% down can't affect as I'm not gambling anywhere, but it could have been better with my experience but it is what it is now.

Yup! ALhamdullialh, I can pay the remaining fees.

[Ambatman]

My thought on this - a person has funds to throw hands with the market.
That's all 

No body that rich will be that foolish
If they are taking such gamble it means it doesn't mean much to them.

I disagree with "trying to test his luck" but instead, he's an insider whale that has lots of connection towards other whales as well.

My thoughts too
Though he almost got liquidated when Bitcoin touched $85K but now he has gone back to profit.
If a news comes up that leads to a dip
Then it would be certain that it's an insider trading.
Won't be surprised if it's Trump related.

Free advice, never cross the plan boundaries and always hold the maximum portion in Bitcoin.

This is why I run away from altcoins
They don't do well with the concept HODL
But more with trading.


If the whale doesn't get liquidated and a news comes that would lead to a dip
Then it means TA is no more.

[TomPluz]

I am sure this "whale" of a trader has the command of the market and is taking a good speculative move that can significantly boost his wealth. Yes, there can be some form of luck in this as there really is in all things we do but I am sure that with that huge millions in his hands he is tuning in with market developments and is using his connections to feel the market and where it is going. However, it should be  pointed out that this is just another speculation and the guy is taking the risk involved...in other words there is no guarantee that the market will react according to what he intends to happen as many whales had been liquidated in the past but if the guy is right then he would be smiling with a lot of laughter to the bank of Dave.

[tequilla_sunset]

There also was a thread on X that interested Justin Sun in "overthrowing" this whale and liquidating him with the help of the "team" the guy gathers.

Seems just insane to me.