Someone shorted BTC for 331 million dollars

[rdluffy]

Yes, someone with a lot of money has opened a 40x short on BTC, worth approximately 331 million dollars

What do you think?
Is it just someone with a lot of money making a big bet or someone with inside information that something is going to bring down the price of BTC?


Source https://x.com/Ashcryptoreal/status/1901137339612639687

[LogitechMouse]

This is the latest update from @ashcryptoreal

He doubled down on his initial investment of $330M and now he's at $522M already. The liquidation is at $85,565 and surprisingly, the price of Bitcoin hasn't reached more than $85,000 (or at least stayed above it for a while) ever since this position has been opened. I wonder what are the whales are thinking right now. I wonder what are those market makers are thinking with this insider whale. I believe that this is an insider that has a connection with lots of whales.

Of course, we can only speculate, but ever since this position has opened, I already made some bucks just by shorting the market every time it pump a bit. I'll just close my position when that whale gets liquidated. 
Well, just an update 30 mins from now.

The person/people who opened a short position just closed it with around $9M worth of profits.

Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

[taufik123]

-snip-
Of course, we can only speculate, but ever since this position has opened, I already made some bucks just by shorting the market every time it pump a bit. I'll just close my position when that whale gets liquidated. 

You seem to be getting lucky and making quite a profit from the short selling you do.
Following how the market price will go and seeing how the Whales react will certainly allow you to move well and make a profit.

And we can all speculate on the price that will happen, but the whales have control over the current price.

[hugeblack]

Well, just an update 30 mins from now.

The person/people who opened a short position just closed it with around $9M worth of profits.

Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

The market is in a downtrend and it is difficult to make short term profits so 9 million is a good profit but the risk taken is very strange.

[Gurujebs]

Yes, someone with a lot of money has opened a 40x short on BTC, worth approximately 331 million dollars

What do you think?
Is it just someone with a lot of money making a big bet or someone with inside information that something is going to bring down the price of BTC?

I saw this on X today and I think we are back to where people just want to waste money. You are having $300m with you and what you chose to do is you prefer to risk it. What happened to buying Bitcoin and let it work for you but you just want to see the price of Bitcoin goes down badly. This person definitely knows what we don't know.

This never made it to the public before or during this Bitcoin reserve but immediately the hype died, it shows up. What if this person already knows what the government plans with Bitcoin because it seems the person has extra funds to avoid liquidation, he added some amount when Bitcoin price move up to $86k. This trade is a smart one.

[Asiska02]

Yes, someone with a lot of money has opened a 40x short on BTC, worth approximately 331 million dollars

What do you think?
Is it just someone with a lot of money making a big bet or someone with inside information that something is going to bring down the price of BTC?

It could be any of the two options you’ve mentioned above. Making a big bet in a trade is not the first time we have seen it. It might not be an insider information and he’s just trying to risk what he can afford to lose to either go hard go home. When whales put a lot of money into trades like this, a lot of panic do happen and some people will rush to react to the market in that direction. We just have to wait to see how the market react to this, whether his predictions will go well or probably against him.

[JoyMarsha]

This is the latest update from @ashcryptoreal

He doubled down on his initial investment of $330M and now he's at $522M already. The liquidation is at $85,565 and surprisingly, the price of Bitcoin hasn't reached more than $85,000 (or at least stayed above it for a while) ever since this position has been opened. I wonder what are the whales are thinking right now. I wonder what are those market makers are thinking with this insider whale. I believe that this is an insider that has a connection with lots of whales.

Of course, we can only speculate, but ever since this position has opened, I already made some bucks just by shorting the market every time it pump a bit. I'll just close my position when that whale gets liquidated. 
Well, just an update 30 mins from now.

The person/people who opened a short position just closed it with around $9M worth of profits.

Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

The $9m profits are nice. Is it everyone can actually be risking their huge sum of money on what they are not sure what will be of it in the next minutes or hours?

No matter how wealthy I am, I don't think I will have the courage to do what this fella does, to open a short position on Bitcoin. I would prefer to invest in than going for a short-term position that the crypto market can change at any time. I will feel safer that way.

[LogitechMouse]

-snip-

You seem to be getting lucky and making quite a profit from the short selling you do.
Following how the market price will go and seeing how the Whales react will certainly allow you to move well and make a profit.

I guess I'm really am lucky that I had the time to monitor the market while experimenting things (like the indicators that I need to use). Don't get me wrong though because while I said that I made money, it doesn't meant that I made thousands of dollars from it. My initial capital is just less than 100$ so... it's just a low profit but still, profit is profit. 

Well, just an update 30 mins from now.
---
Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

The market is in a downtrend and it is difficult to make short term profits so 9 million is a good profit but the risk taken is very strange.

Surprisingly, a few hours after the insider whale closed his position, the market dumped to as low as $81,100. If he closed his position at that time, he could've made more than 9 Million.

[taufik123]

My initial capital is just less than 100$ so... it's just a low profit but still, profit is profit. 

Capital -+$100 and you can build your portfolio little by little, The important thing is that you know how the market works.
If you do it consistently then you can get great profits.

And yes, no matter how small the profit is, it is still a profit that you need to celebrate and you also have to be sure that this is a good process to grow your assets,
no matter what type of trade you use, always follow the analysis that you have made, don't just rely on your feelings because the market also cannot be easily predicted.

[Sim_card]

-snip-
Of course, we can only speculate, but ever since this position has opened, I already made some bucks just by shorting the market every time it pump a bit. I'll just close my position when that whale gets liquidated. 

You seem to be getting lucky and making quite a profit from the short selling you do.
Following how the market price will go and seeing how the Whales react will certainly allow you to move well and make a profit.

And we can all speculate on the price that will happen, but the whales have control over the current price.

I decided to see if I can also ride with the wave based on the recent price fluctuations from $80k-$85k. I have just being using spot trader to sell and buy back and it's helpful. I took profit at $85k and waiting to see if it dips to $82k for a buy back and sell at 85k again.

[Crypto Library]

I decided to see if I can also ride with the wave based on the recent price fluctuations from $80k-$85k. I have just being using spot trader to sell and buy back and it's helpful. I took profit at $85k and waiting to see if it dips to $82k for a buy back and sell at 85k again.

In fact, it seems a bit excessive to me that the Bitcoin market will fluctuate from 85k to 80k as a result of his shorting, although we have seen Bitcoin touch 83.7k a while ago and then back to 84k now.
However, 82k could work as a middle point and you might be successful. Although I would feel more comfortable keeping my funds steady at this point.

[rdluffy]

I guess I'm really am lucky that I had the time to monitor the market while experimenting things (like the indicators that I need to use). Don't get me wrong though because while I said that I made money, it doesn't meant that I made thousands of dollars from it. My initial capital is just less than 100$ so... it's just a low profit but still, profit is profit. 

It's nice to make some profits
I deposited 100 USD on Hyperliquid too, a few months ago, just to see how it works, now I have 114 USD, shorting or longing in special moments, but I don't have courage to risk more than that for example, I can't risk 1000 USD or more

Looks easy at the beginning, but it's easy to lose all money in a suddenly spike, even if you short and the market goes down, there's always a chance of a pump

[MUGNIA]

Well, just an update 30 mins from now.

The person/people who opened a short position just closed it with around $9M worth of profits.

Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

The market is in a downtrend and it is difficult to make short term profits so 9 million is a good profit but the risk taken is very strange.

9 million is good, rather than losing it, actually in trading it is forbidden to be greedy where there are already many examples of greed that will lead to loss, I personally say that the 9 million that was obtained is already an extraordinary achievement

[Crwth]

What a crazy bet that people who have a lot of money do. An instant of 9 million. It could help many people if given the right circumstances, in the hope that it could somehow help people. The liquidation is scary though.

[rdluffy]

Well, just an update 30 mins from now.

The person/people who opened a short position just closed it with around $9M worth of profits.

Just imagine using $500M+ of your money just to make $9M. That isn't efficient if you will ask me.

The market is in a downtrend and it is difficult to make short term profits so 9 million is a good profit but the risk taken is very strange.

9 million is good, rather than losing it, actually in trading it is forbidden to be greedy where there are already many examples of greed that will lead to loss, I personally say that the 9 million that was obtained is already an extraordinary achievement

I believe that given the level of risk the person has taken, putting 331 million in leverage to earn 9 million is not such a great reward

To make it easier to understand at our level, I wouldn't leverage 331 dollars to earn only 9 dollars
It was 2.72% profit