The "Commander-in-Chief of Shorts" in the crypto world is going all in, ready to take on all the bulls?
Brothers, the real "villain" in the market has made a move! According to on-chain monitoring, at Hyp, the whale known as the "largest short seller of BTC" has made a big move today.
He continues to increase his short positions with $BTC and $ETH in a three-pronged attack, with a total position exceeding $113 million, equivalent to over 800 million RMB. This is no longer just bearish sentiment; it's clear that he wants to fight against the current market trend to the bitter end.
Take a look at his positions: the short on Bitcoin alone accounts for $106 million, with an opening price of $87,324. But note that his liquidation price is $103,944. This means that Bitcoin must rise close to $104,000 for him to face liquidation. The liquidation price for Ethereum is also set very high.
This doesn't look like short-term speculation; it resembles a long-term, protective hedging strategy. He may not be betting on an immediate market crash but rather buying "insurance" against potential macro risks or black swan events. Of course, it could also be that he firmly believes the bull market has peaked and is setting up for an epic short.
In a bull market atmosphere, such a level of short position is itself a "powder keg." If the market continues to rise, even just moderately, approaching his liquidation price could trigger a forced liquidation. And to cover shorts, he would need to buy in, which could create new buying pressure, accelerating the rise and forming a "short squeeze." Therefore, this whale could either become the "prophet" of the future or the best "fuel" for the next wave of surging prices.
The market has just experienced a bloodbath; are you trapped? Unsure when to buy the dip? Feeling confused and helpless about what to do? I will be preparing for a big wave in the upcoming market; this time, going all in will definitely yield a bountiful profit. If you want to witness it, join the Binance chat room.
