
What are your take on this?
Do you think the whales took such a risky trade to lose? Of course not. Soon after he entered the market, his position went viral, creating a small panic in the market. And it succeeded in doing so. The market fell from 85 thousand to 82 thousand.
A few days ago
Whales shorting Bitcoin have closed positions today.
$9.46 million profit in last 8 days.
Not only that, a kind of theater was going on in the market at that time. On the one hand a whale was shorting bitcoin in hyper liquid and on the other hand Justin Sun was trying everything whale to liquidate him from the market. From the middle some common public liquid like us has been consumed but at the end of the day you will see that they have taken out the nature.