Bullish

Trader Closes $136M BTC Short for $1.65M Profit, Opens 40x Long

09:29

Whale 0x66f8 exited a $136M BTC short with $1.65M gains, immediately deploying $12.74M into 40x leveraged longs.

Woofun AI data shows that address 0x66f8 liquidated a short position comprising 2,136 BTC, valued at $136 million, realizing a profit of $1.65 million. The entity subsequently initiated long positions by acquiring 200.82 BTC using 40x leverage, totaling $12.74 million.

WOOFUN AI

Impact Assessment · Quick Read

The rapid pivot from a massive short exit to high-leverage longs signals a potential shift in sentiment among large holders. While the $1.65M profit confirms accurate timing on the short side, the new 40x exposure introduces significant liquidation risk if BTC price action reverses.
Generated by WOOFUN AI · For reference only, not investment advice

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