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Whale Shorts 400 More BTC, Totaling $209M at Risk

A crypto whale increases BTC short position to $209M, with a $120,990 liquidation level — sparking market speculation.

  • Whale adds 400 BTC to shorts, now holding 1,823 BTC short
  • Total short exposure is ~$209M at $116,812 average entry
  • Liquidation level estimated near $120,990

Whale Builds Massive $209M Bitcoin Short

A major Bitcoin whale is making headlines after placing another 400 BTC short, worth around $46 million, bringing their total short position to a staggering 1,823 BTC — valued at approximately $209 million.

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This position was opened at an average entry price of $116,812, indicating a high-stakes bet against near-term Bitcoin upside. If price momentum continues to rise, this whale could face significant pressure.

Such large-scale shorts often stir debate across the crypto community, with speculation on whether it’s hedging, manipulation, or a bold directional bet.

Liquidation Level Near $121K

According to on-chain and trading desk estimates, the liquidation level for this position is around $120,990. This means if Bitcoin’s price pushes beyond that level, the whale risks being forcefully closed out — potentially triggering a short squeeze.

Short squeezes have historically resulted in rapid BTC price surges, as forced buybacks fuel momentum.

Traders and analysts are now watching closely:

  • Will BTC push toward $121K to challenge this whale’s position?
  • Could this short interest signal overconfidence in downside risk?
  • Is a squeeze brewing beneath the surface?

What This Means for the Market

Large whale shorts typically create psychological resistance levels in the market — and they often attract counter-traders looking to squeeze the position.

With open interest rising and volatility back in play, this $209M short could act as a magnet for price action. If BTC rallies and pushes into the whale’s danger zone, we may see heightened liquidations and upward volatility.

For now, the whale is holding the line — but the market is watching for any cracks.

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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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