😱🐋 Bitcoin’s Mysterious Whale Swims in Shorts! $400M Gamble Unfolds 🚀

by

In the crypto lagoon, a shadowy figure, known only as the ‘Mysterious Whale,’ has donned an impressive $400 million worth of financial Speedos, taking a rather chilly dip in the short-selling waters. Market gossips are on tenterhooks, eager to see if this grand splash ends in a belly flop or a triumphant dive.

U.Today’s latest fish tale tells of this crypto leviathan who first donned a $332 million Bitcoin short-suit, wading in at a price that would make Scrooge McDuck weep with joy. Pete Rizzo, the chronicler of Bitcoin’s deep-sea adventures, reveals that this bold swimmer is now “using all available margin” to double down on his chilly bet. 🐳💨

BREAKING: MYSTERY WHALE WITH $400 MILLION #BITCOIN SHORT IS “USING ALL AVAILABLE MARGIN” TO SHORT BTC AGAIN

HE MUST BE LIQUIDATED. SEND IT 🚀

— The Bitcoin Historian (@pete_rizzo_) March 17, 2025

As the market’s telescopes turned to the Whale’s watery waltz, they noted with bated breath that the creature of commerce had expanded its short position from a modest $332 million to a colossal $400 million (at 40x leverage), teetering on the brink of a $86,384 wave that could wash it all away.

But wait! The plot thickens like the fog over a pirate’s cove. The Whale, not content with mere millions, flung itself into a $415 million (40x leverage) splash, now with a liquidation price of $86,100, and a bonus $40 million ETH short (at 25x leverage). A grand total of 5,608 BTC short, or $464 million, with a liquidation price of $85,842, left the crowd gasping for air.

In a twist that would make Moby Dick blush, the Whale started paddling back to shore, buying back 500 BTC in the dead of night. Yet, in the light of dawn, it resumed its shorting spree, determined to keep the price from breaching the $83,700 mark. 🌅🐋

Bitcoin’s Price: A Tempest-Tossed Teeter-Totter

The Whale’s brazen belly-flop has set the crypto seas a-buzz. Traders and spectators alike are scratching their heads, pondering if this behemoth predicted a price plunge or is merely the world’s most ambitious cannonballer. Meanwhile, all eyes are fixed on Bitcoin’s price, currently treading water against the daily SMA 200 at $84,100 after a brief ascent to $85,000 on Sunday’s trading breeze.

As the ink dries on this salty saga, Bitcoin is trading slightly down in the last 24 hours, dipping below $83,000 to $82,996. With the price teetering on the edge of a knife, the market is a bundle of nerves. This week, the eyes of the financial world will be on the Federal Reserve’s policy meeting, where the bigwigs will decide if it’s time to lower the economic anchor. Traders are betting the farm on a 99% chance that the rates will stay steady as she goes.

Read More

2025-03-17 18:55