According to Lookonchain, two wallets, potentially controlled by the same Bitcoin whale, initiated a significant short position on BTC using 6x leverage at entry prices of $92,469.1 and $92,664.8. The total position size is $74.5 million, with liquidation thresholds set at $107,220 and $107,160, respectively. This strategic move indicates confidence in a potential price pullback despite recent Bitcoin price surges.

According to Liquidity Doctor, the analyst is maintaining a short position on Bitcoin (BTC) despite an unexpected price bounce. The analyst suggests that a downside move is still likely within the week, based on their projections. This trading decision highlights a strategic approach to capitalize on potential market declines. [source: Liquidity Doctor on Twitter]

According to Ai 姨, a specific Bitcoin address has achieved an unrealized profit of approximately $140,000 from its short position. The current holdings amount to 131.64 BTC, valued at around $12.17 million. Recently, the position was slightly adjusted by reducing the holdings by 12 BTC.

According to Ai 姨, a well-known whale who previously profited $6.83 million by leveraging 50x long positions on BTC and ETH, has now opened a $13.45 million short position on BTC with the same 50x leverage just 20 minutes before the U.S. market opens. The entry price is $93,117.5 with a liquidation price of $94,083, currently incurring a floating loss of $60,000.