Whale Takes Big Short Position on BTC

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planktonHero Member
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#1Apr 27, 2019, 10:24 PM
Just saw a tweet about a whale going short on BTC at 84k. Liquidation price around 85.5k, but he pumped in over 5 million to raise it to 86.5k. What does he know that we don’t? Maybe he’s got the scoop on the FOMC meeting or something.
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cipher23Member
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#2Apr 27, 2019, 11:43 PM
Seriously, this kind of move usually means he’s got some inside info. 40x use? That’s not just random gambling. He must be confident about his position or knows something we’re not privy to.
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CalmMinerFull Member
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#3Apr 28, 2019, 01:20 AM
Yeah, I noticed that too. It’s not the first time we’ve seen whales making these big calls. Remember the last time someone went public with a huge long position? They did it just before some big news dropped. But manipulating BTC is tricky; sometimes it just backfires.
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bear100Hero Member
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#4Apr 28, 2019, 06:32 AM
Funny how people say they know someone who knows someone. Maybe he’s just taking a calculated risk based on what he’s heard, or maybe he’s just going with his gut based on market trends.
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bridge_2014Senior Member
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#5Apr 28, 2019, 07:09 AM
This guy must be incredibly bold to go all in like that. Either he knows something, or he’s just winging it and hoping for the best. But honestly, who can say for sure? He’s not gonna spill the beans on his strategy.
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maxoracleMember
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#6Apr 28, 2019, 11:07 AM
It’s definitely suspicious. No one in their right mind would take a short like that out of nowhere. Seems like he thinks the price is gonna drop hard. But with BTC’s history of sudden pumps, it could end badly for him.
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#7Apr 28, 2019, 01:44 PM
Why are we assuming this whale knows something? Whale activities are usually hidden, and they rarely show their hands. This time feels different though. Is he trying to set a trap for retail traders?
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1t5_satNewbie
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#8Apr 30, 2019, 03:45 PM
Haven’t we seen this before? Back in the bear market of 2018, whales manipulated the price, and many jumped in thinking it was a good sign. They just sold off and made a killing while others got rekt. This could be the same.
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#9Apr 30, 2019, 08:10 PM
No rate cuts mean a neutral response from the market, right? This could affect BTC too, and this whale might just get liquidated if he’s not careful.
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#10Apr 30, 2019, 09:37 PM
Shorting BTC does seem smart right now with all the uncertainty in the markets. We’ve got trade wars and all kinds of FUD floating around. It feels like a drop is coming.
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cipher51Full Member
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#11May 1, 2019, 05:10 PM
This whale isn’t a newbie. He’s probably got info that the average trader doesn’t. But still, going short on Bitcoin with that much use? Crazy. He seems way too confident.
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bridge_2014Senior Member
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#12May 2, 2019, 07:10 PM
There’s definitely manipulation going on. If he can push the market down, it’s likely he has some inside info. They know how to play the game.
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0xViperFull Member
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#13May 2, 2019, 10:12 PM
I don’t buy the whole insider info theory. Bitcoin is decentralized, and if there were insiders, it would undermine the whole system. This whale could just be reading the market and acting on sentiment.
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guru_2014Newbie
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#14May 3, 2019, 01:45 AM
Funny how he’s not taking profits despite the price hitting 82k. That’s risky, especially with how volatile BTC can be. He must really believe it’s going lower.
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planktonHero Member
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#15May 3, 2019, 02:53 AM
Maybe he’s just sticking to a strategy where he waits for a specific target before taking profits. But leaving it open could be dangerous.
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CalmMinerFull Member
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#16May 3, 2019, 07:34 AM
Whales win because they create panic. This guy shorting BTC has traders freaking out and reacting. Yesterday BTC dipped and then bounced back. It's all over the place.
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kevin2015Member
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#17May 3, 2019, 10:10 AM
People are gambling hard. Margin trading is risky; you either win big or lose big. There’s no crystal ball for Bitcoin anymore.
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MadBossHero Member
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#18May 3, 2019, 07:59 PM
Let’s hope this whale is wrong. They could be setting a trap for us regular traders, making us overreact to their moves.
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kevin_atlasFull Member
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#19May 3, 2019, 10:51 PM
You guys aren’t catching the drift. OP mentioned the whale is betting against a Fed decision on rates. He thinks that’ll hurt BTC. Not saying the whale is an insider, but there’s definitely a narrative at play.
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#20May 4, 2019, 03:24 AM
Yeah, there’s something odd about this whole situation. It’s like a game, and we’re just players trying to figure it out. But the stakes are high.
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