Mysterious trader who nailed latest Bitcoin crash opens new position

Jun 26, 2026 4:37 PM

Bitcoin demand has been negative for a staggering 208 days, shattering the "digital gold" narrative. While bulls hope for a recovery, one whale just bet $70 million on a total market collapse using 20x leverage. Despite currently being underwater on the trade, they are doubling down on the belief that Bitcoin and Ethereum are headed much lower. Is this the ultimate smart money move, or is a massive short squeeze about to wipe them out? What’s your move?
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