BTCC / BTCC Square / Coindesk /
Bitcoin Whale Makes Massive $400M+ Bearish Bet - Here’s Why It Doesn’t Matter

Bitcoin Whale Makes Massive $400M+ Bearish Bet - Here’s Why It Doesn’t Matter

Author:
Coindesk
Published:
2025-10-10 06:28:26
20
3

Bitcoin 'OG' Whale Raises Bearish BTC Bet Worth Over $400M

While one Bitcoin OG places a record-breaking bearish wager, the broader market continues its unstoppable march forward.

The Whale's Gamble

A single entity just dropped over $400 million betting against Bitcoin's momentum. That's enough to make headlines - and enough to make traditional finance analysts clutch their pearls.

Market Resilience

Meanwhile, Bitcoin's fundamentals remain bulletproof. The network processes transactions as usual, miners continue securing the chain, and adoption grows daily. One whale's position - no matter how large - barely registers against Bitcoin's $1 trillion+ market cap.

Institutional Reality Check

Wall Street still thinks massive single positions move markets. Crypto veterans know better - decentralized networks don't care about individual bets, no matter how dramatic they appear on a Bloomberg terminal.

Remember when traditional finance said Bitcoin couldn't survive a 50% drop? It's survived dozens. One whale's bearish bet just became the latest test - and likely the latest failure - of old-world financial thinking.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users