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Why is Bitcoin Dropping? Billionaire Crypto Whale Places Quarter-Billion Dollar Bitcoin Bet (Is The Top In For BTC USD?)
Yahoo Finance·2025-10-22 08:58

Why is Bitcoin dropping? The mysterious $11 Bn whale is back and this time, he’s doubling down on another massive short. Blockchain data indicate that the trader opened a $235M leveraged short position on BTC earlier this week, signaling that big money may be hedging for another leg lower amid tariff fears and the ongoing US government shutdown. DISCOVER: 20+ Next Crypto to Explode in 2025 Why is Bitcoin Dropping? Whale Reenters With $235 Million Short Bet According to Hypurrscan, the position was enter ...