The “Cool-headed Whale” has shorted Bitcoin ($BTC) again, utilizing 40x leverage last night, which has resulted in an unrealized return on investment of 200%. This significant trading strategy demonstrates the Whale’s confidence in the market’s current position. By executing this trade at the peak, the Whale capitalized on the volatility of cryptocurrency prices. The bold decision to employ a high leverage ratio suggests a calculated risk in hopes of maximizing potential gains. As the market fluctuates, the unrealized ROI reflects the effectiveness of this strategy in a rapidly changing environment.
