At 5 a.m., 0x30af hit the close-at-a-loss button at 80949.
1,360 $BTC long positions worth $110 million were closed at a $3.26 million loss. The stop-loss was set at 80500, and the overnight low plunged to 80684—just $184 short of the trigger. He had to close manually.
Then he turned around and put $45.8 million into U.S. stocks at maximum leverage: 96,000 shares of TSLA, 158,000 shares of DRAM, and 38,000 shares of SOXL—all long positions.
AI stocks are rebounding in premarket trading tonight: Nasdaq futures are up 0.7%, CoreWeave is up 1.3% premarket, Broadcom is up 2.3%, and Tesla reports earnings Wednesday.
$BTC has climbed back above 82000 today. In effect, he admitted defeat in crypto, then turned to U.S. stocks to bet on earnings week.
#BTC #MarketAnalysis
1,360 $BTC long positions worth $110 million were closed at a $3.26 million loss. The stop-loss was set at 80500, and the overnight low plunged to 80684—just $184 short of the trigger. He had to close manually.
Then he turned around and put $45.8 million into U.S. stocks at maximum leverage: 96,000 shares of TSLA, 158,000 shares of DRAM, and 38,000 shares of SOXL—all long positions.
AI stocks are rebounding in premarket trading tonight: Nasdaq futures are up 0.7%, CoreWeave is up 1.3% premarket, Broadcom is up 2.3%, and Tesla reports earnings Wednesday.
$BTC has climbed back above 82000 today. In effect, he admitted defeat in crypto, then turned to U.S. stocks to bet on earnings week.
#BTC #MarketAnalysis