Bitcoin whale shorts 1,894.784 BTC at 69,826.89 USDT, showing $601,700 profit

A crypto whale using the screen name "Set 10 Big Goals First" opened a short position on 1,894.784 BTC at 69,826.89 USDT and was showing an unrealized profit of about $601,700. The trader said it was temporarily joining the bears, then disclosed on X that the position had a stop-loss at $70,400 and a take-profit target between $68,000 and $66,500. The trader previously described a strategy of shorting after a 5% to 10% rapid market rise and going long after a 5% to 10% decline, provided there is no extreme news. The trader said the approach covers most market conditions and has won at least six of 10 trades.

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Bitcoin whale shorts 1,894.784 BTC at 69,826.89 USDT, showing $601,700 profit - CoinPost Terminal