A Bitcoin whale just shorted $100M BTC — Are big holders expecting a larger d...
A Bitcoin whale placed a $100 million short on Nov. 15 after various on-chain data hints at a whale-induced BTC sell-off throughout the past week. A Bitcoin (BTC) whale placed a $100 million short on Bybit, according to the pseudonyms trader CL. It comes after various on-chain data points toward a whale-driven sell-off throughout the past week.Though the momentum of Bitcoin remains strong, there are many reasons that make $16,000 an attractive area for sellers.There is significant liquidity at $16,000, primarily because it is a heavy resistance level. But the level has seen relatively high....
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The digital asset xrp has gained more than 10% in value during the last seven days, shrugging off the losses a majority of crypto coins experienced last week. According to data from Whale Alert, someone moved 449.3 million xrp on December 19. Moreover, xrp holders are expecting to receive an airdrop from a project called Sologenic.
XRP Gains 10% in the Last Week, Whales Move Hundreds of Millions of Tokens
The crypto asset xrp (XRP) and its markets have been buzzing as the digital currency has gained more than 10% during the last week. XRP is up 54% year-to-date (YTD) and....
Aster has come under heavy selling pressure after an abrupt price spike triggered by Changpeng Zhao’s comment on Sunday, in which the Binance founder publicly stated he bought ASTER with his personal funds. The comment initially sent the token sharply higher as traders reacted to the endorsement, but the rally was short-lived. As broader market weakness intensified and Bitcoin and Ethereum led a widespread downturn, ASTER retraced aggressively, erasing most of its post-announcement gains. Related Reading: Whale Piles Into ASTER Shorts After CZ’s Comment – $52.8M On the Line The reversal....
Bitcoin fell below $90,000 this week for the first time in seven months, and big transfers have surged. Related Reading: XRP Supply Shock Ahead? ETFs Could Consume It All, Analyst Predicts According to Santiment, more than 102,000 transactions above $100,000 and roughly 29,000 transactions above $1 million were recorded over the recent stretch — a level that could make this the most active whale week of 2025. Whale Counts Climb As Small Holders Fall Back Based on Glassnode figures, the number of addresses holding at least 1,000 BTC rose to 1,384 from 1,354 about three weeks earlier, a 2.2%....
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, has confirmed on Twitter that he has never shorted cryptocurrency. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in “The Big....
Bitcoin has shown resilience by bouncing to its 200-day moving average since last Tuesday when it fell as low as $76,606, yet it remains below this key technical threshold. In this volatile market environment, a major whale has taken a contrarian position by establishing a highly leveraged short on Bitcoin perpetual futures via Hyperliquid. Huge Bitcoin Whale Goes Short According to data from Hyperliquid and blockchain analyst Lookonchain, the whale’s short position is valued at over $445 million and utilizes 40x leverage. This position comes with a liquidation price set at $85,940, and....