Why is Bitcoin Dropping? Billionaire Crypto Whale Places Quarter-Billion Dollar Bitcoin Bet (Is The Top In For BTC USD?)
Why is Bitcoin dropping? The mysterious $11 Bn whale is back and this time, he's doubling down on another massive short. Blockchain data indicate that the trader opened a $235M leveraged short position on BTC earlier this week, signaling that big money may be hedging for another leg lower amid tariff fears and the ongoing US government..The post Why is Bitcoin Dropping? Billionaire Crypto Whale Places Quarter-Billion Dollar Bitcoin Bet (Is The Top In For BTC USD?) appeared first on 99Bitcoins.