Bitcoin short position
The “Insider Whale” has completely exited its $500 million short position in Bitcoin. This move marks a significant shift in the trading strategy of the entity. The closure of the short position may influence market dynamics, as it removes a substantial bearish bet against Bitcoin. Traders and investors will be observing the implications of this decision closely. The “Insider Whale” is known for its impactful moves, prompting speculation on potential future strategies and market reactions.
