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Roobet Gambler Closes XRP Short, Doubles Down on BTC

0x7B7b exits XRP short with $945K profit and raises his BTC short to 2,222 BTC ($224.5M).

  • 0x7B7b closed his XRP short with a $945K gain
  • He’s now holding a massive 2,222 BTC short position
  • The bet reflects growing bearish sentiment around BTC

XRP Win Fuels Bigger Bitcoin Bet

Popular crypto gambler 0x7B7b, known for his association with Roobet and Stake.com, just made a big move in the market. After successfully closing his XRP short and banking a solid $945,000 profit, he’s now shifting his focus to Bitcoin—and he’s going big.

BTC Short Position Hits $224.5 Million

The latest on-chain data shows that 0x7B7b has increased his short position on BTC to 2,222 BTC, which amounts to roughly $224.5 million. This aggressive bearish stance comes at a time when market volatility is rising and traders are split on Bitcoin’s short-term direction.

Such a massive position indicates strong conviction. Whether it’s based on macroeconomic signals, technical indicators, or insider sentiment is unclear—but it certainly grabs attention in the crypto community.

Market Eyes on 0x7B7b’s Next Move

Traders and analysts are closely watching this wallet’s activity. Historically, 0x7B7b has shown sharp timing with his entries and exits, especially on high-leverage plays. His decision to close out XRP and double down on BTC is likely to influence other high-volume traders or at least stir conversation.

Still, shorting BTC at this scale isn’t without risk. A sudden price rally could lead to a sharp squeeze, liquidating billions. That said, if the market dips further, this bet could turn into another multi-million-dollar win.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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