On March 10, according to Lookonchain monitoring, a whale showed excellent shorting operations in the recent BTC price fluctuations, with cumulative unrealized profits exceeding $7.5 million.
The investor shorted BTC at about $96,500 on February 22, and BTC fell below $80,000 within a week, and then perfectly closed the position at a low of about $78,900.
After Trump’s executive order was issued, BTC soared to more than $94,000, and he accurately re-shorted at a high of about $94,424. At present, the investor has set up a new short position in the range of $92,449-92,636, and set a profit-taking order in the range of $70,475-74,192.
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