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BTCC / BTCC Square / TokenpostEN /
Crypto Whale Bets $69M Against ETH, BTC, and SOL—Just as Ethereum Rally Heats Up

Crypto Whale Bets $69M Against ETH, BTC, and SOL—Just as Ethereum Rally Heats Up

Author:
TokenpostEN
Published:
2025-03-30 11:55:32
9
1

Whale Shorts ETH, BTC, and SOL with $69M Bet Amid Ethereum Surge

While retail traders pile into Ethereum’s latest surge, one deep-pocketed player is making a contrarian play—dropping $69 million in short positions against ETH, Bitcoin, and Solana. Talk about timing.

Shorting the rally? Bold move. The whale’s bet comes as ETH flirts with yearly highs, BTC holds steady above $60K, and SOL recovers from its FTX-era scars. Either this is a genius hedge... or a $69 million lesson in fighting momentum.

Bonus cynicism: Nothing says ’trust the market’ like a nine-figure wager against it. Wall Street would be proud.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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