A whale just shorted Bitcoin

[Ambatman]

I hope he has closed it because if he has not closed the position, he will be in losses by now and all his money would have been liquidated. Bitcoin rose above $85288 few hours ago which is the liquidation price.

He did it at the perfect time, 9 million in profit.
Now technically one could have taken advantage of that, the fact that it's clear he was an insider since he shorted it right before Trump's announcement and closed before the FED day should have been an indicator the news would come in positive, so one could have gone long the moment he closed that.

But seriously now, the market is just f^ up, the amount of manipulation and insider trading is nauseating.

He didn't just close in profit but bought some Ethereum and longed Melania as can be seen by the image I posted previously.

https://finance.yahoo.com/news/bitcoin-whale-closes-516m-short-081951367.html

Manipulation without any fear of been called out
Trump and Co may end up been the richest president before leaving office.

[omori]

He didn't just close in profit but bought some Ethereum and longed Melania as can be seen by the image I posted previously.

https://finance.yahoo.com/news/bitcoin-whale-closes-516m-short-081951367.html

Manipulation without any fear of been called out
Trump and Co may end up been the richest president before leaving office.

What a market we live in.

Imagine such a situation during a previous cycle.. We would be called madmen.

[Bobcrypto]

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?

We should not compare ourselves to that of a whale, he can afford on that high risk, because for him to be called a whale shows that he is a strong financially inclined user, which he can afford to take the consequence that may come out as a result, this rich men have strong affinity of taking risk, they can afford having na backup in case of anything, we should know this, so seeing anything coming now from them is only a risk and display of what they are capable of, they also have some bad times of high loss we may not know.

Yes, comparing ourselves with whales is unnecessary, they are people with very large capital all the time to long or short the Bitcoin price at their own risk, though they can profit on their short positions.
In additions, whales are sometimes the reasons why the market goes red/green at some periods, once they buy with huge capitals, at the slightest price changes (a little percentage increase), they dumps the market, and they will position to buy again when many traders/holders start panic selling. Panic sellers will always sell cheap to them because of fear market total crash..

[Fivestar4everMVP]

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?

What I am seeing in the screenshot you shared doesn't seem like a profit as you said, but rather, who ever that whale is already in a loss or potential loss of over 1 million dollars, except there is something I am not understanding well in the information on the screenshot, then please point that out to me and I will gladly take correction.

I have a high doubt this trade will go well if it's still a fresh trade, but then, looking at the time you made this post, I guess this trade may no longer be active, but if it still is, then there is really a high chance that this whale will lose huge money, because right now, bitcoin has more potential of rising than falling.

Just my personal presumption and opinion though.

[Ambatman]

What I am seeing in the screenshot you shared doesn't seem like a profit as you said, but rather, who ever that whale is already in a loss or potential loss of over 1 million dollars, except there is something I am not understanding well in the information on the screenshot, then please point that out to me and I will gladly take correction.

I have a high doubt this trade will go well if it's still a fresh trade, but then, looking at the time you made this post, I guess this trade may no longer be active, but if it still is, then there is really a high chance that this whale will lose huge money, because right now, bitcoin has more potential of rising than falling.

Just my personal presumption and opinion though.

Yeah I understand when I posted it the first time
Bitcoin price was around $82K and he was on profit.
Some team came together to liquidate him
Hence we saw a sharp push to $85K the same day but he added more to escape liquidity then Bitcoin price dropped more and he made bigger profit.
You can see more on this quoted post I made.

I hope he has closed it because if he has not closed the position, he will be in losses by now and all his money would have been liquidated. Bitcoin rose above $85288 few hours ago which is the liquidation price.

He did it at the perfect time, 9 million in profit.
Now technically one could have taken advantage of that, the fact that it's clear he was an insider since he shorted it right before Trump's announcement and closed before the FED day should have been an indicator the news would come in positive, so one could have gone long the moment he closed that.

But seriously now, the market is just f^ up, the amount of manipulation and insider trading is nauseating.

He didn't just close in profit but bought some Ethereum and longed Melania as can be seen by the image I posted previously.

https://finance.yahoo.com/news/bitcoin-whale-closes-516m-short-081951367.html

Manipulation without any fear of been called out
Trump and Co may end up been the richest president before leaving office.

[arabspaceship123]

Starting a topic on a whale selling a bitcoin wasn't necessary. Maybe he wanted cash in his bank we don't why he did it but it didn't deserve analysis in a dedicated topic. It's his bitcoin he sold it so what's the big deal ?

[pawel7777]

A very weird move, possibly done by some bored, degenerate hacker who has a lot of stolen crypto and doesn't know what to do with it.
Betting that much with such high leverage would be dumb even if someone had some insider info on the price being likely to go down (i.e. the same guy/group could have been dumping large amounts of btc at the same time on the same platform).

Anyhow, assuming the position was opened around the time this topic was started, it could've been a profitable bet, as the price went down to almost $81k 2 days later, before going up above the liquidation price.

ps. does anyone knows what platform is it?

[taufik123]

Starting a topic on a whale selling a bitcoin wasn't necessary. Maybe he wanted cash in his bank we don't why he did it but it didn't deserve analysis in a dedicated topic. It's his bitcoin he sold it so what's the big deal ?

There is no real problem, but of course as a crypto activist I wonder why I went short on millions of dollars when the market is not as good as it is right now. Of course, it also makes the market trend worse.
It's their Bitcoin and their right to do anything, but of course there's a reason behind the sale and we just want to analyze it.

[SmartGold01]

This could be a calculated risk and he knows what he is doing, like what other said he might be an insider who knows more whales like him and they could be possibly manipulating the market to things smoothly for them, maybe to drill off other little traders since they aren't that knowledgeable about how they control the market.

[Wiwo]

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?

It's normal for whales to take a position in the market and to make quick gains, this is not the first time things like this have happened and sure several whales hit their liquidations so is not always a profit thing for them to happen.

In the end, all the whales are not different from the politicians and gamblers, everyone is risking what they have for what they can achieve so is all about the risks and this particular whale that you mentioned is just lucky this time.

[arabspaceship123]

I've wondered why the whale's sold short but it's his choice. He owns the bitcoin it's his right to do what he wants. I don't know how one sale's going to market trends worse it's like a small case. There's other important things going on.

There is no real problem, but of course as a crypto activist I wonder why I went short on millions of dollars when the market is not as good as it is right now. Of course, it also makes the market trend worse.
It's their Bitcoin and their right to do anything, but of course there's a reason behind the sale and we just want to analyze it.

[tequilla_sunset]

This could be a calculated risk and he knows what he is doing, like what other said he might be an insider who knows more whales like him and they could be possibly manipulating the market to things smoothly for them, maybe to drill off other little traders since they aren't that knowledgeable about how they control the market.

He already got the profit, as far as I remember.

So yeah, he got the info going because if he didn't do what he did, he would be liquidated in no time.

[SmartGold01]

This could be a calculated risk and he knows what he is doing, like what other said he might be an insider who knows more whales like him and they could be possibly manipulating the market to things smoothly for them, maybe to drill off other little traders since they aren't that knowledgeable about how they control the market.

He already got the profit, as far as I remember.

So yeah, he got the info going because if he didn't do what he did, he would be liquidated in no time.

If that is the case then it's fine.
One thing about traders is that when the profits they are projecting from has been met they wouldn't want to exit the market the would keep trading to the level where they do lose all they had made from their initial trading.

[Blaze]

This could be a calculated risk and he knows what he is doing, like what other said he might be an insider who knows more whales like him and they could be possibly manipulating the market to things smoothly for them, maybe to drill off other little traders since they aren't that knowledgeable about how they control the market.

He already got the profit, as far as I remember.

So yeah, he got the info going because if he didn't do what he did, he would be liquidated in no time.

If that is the case then it's fine.
One thing about traders is that when the profits they are projecting from has been met they wouldn't want to exit the market the would keep trading to the level where they do lose all they had made from their initial trading.

Sometimes the market situation requires waiting for some time in one position, especially if everything is going great. Arrogance that arises from early profit making can be among the causes that make the individual reinvest without thinking of other outcomes that may be possible. It is the desire to get more that makes someone to stay longer than he or she had planned; but at times it does not work as planned. Such a situation belongs to the flow of trading where an individual is guided by emotions and expectations. The things that look profitable at the start of some moment can alter in the blink of an eye and when that happens, it goes the other way and cannot be stopped.

[SmartGold01]

This could be a calculated risk and he knows what he is doing, like what other said he might be an insider who knows more whales like him and they could be possibly manipulating the market to things smoothly for them, maybe to drill off other little traders since they aren't that knowledgeable about how they control the market.

He already got the profit, as far as I remember.

So yeah, he got the info going because if he didn't do what he did, he would be liquidated in no time.

If that is the case then it's fine.
One thing about traders is that when the profits they are projecting from has been met they wouldn't want to exit the market the would keep trading to the level where they do lose all they had made from their initial trading.

Sometimes the market situation requires waiting for some time in one position, especially if everything is going great. Arrogance that arises from early profit making can be among the causes that make the individual reinvest without thinking of other outcomes that may be possible. It is the desire to get more that makes someone to stay longer than he or she had planned; but at times it does not work as planned. Such a situation belongs to the flow of trading where an individual is guided by emotions and expectations. The things that look profitable at the start of some moment can alter in the blink of an eye and when that happens, it goes the other way and cannot be stopped.

It's not always advisable to reinvest after making profits because they can't truly understand what the market holds back and immediately the investment is made the market might retraced without the investor knowing, this could make s/he to start to panicking because he didn't follow up with much analysis to know what would happened the next moment.
It's true that when trading we should always understand the market direction before rushing to enter trade otherwise it might ends up with regret, and wait for a perfect entry is much more better than losing trade on a consistent basis.