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🐋 Whale moves again — a $7.74 million BTC short position was just established at $97,191 [01/26 16:12]
Traders in the market are betting heavily at this price level. Some say it quite straightforwardly: either go all-in on a short or get liquidated. This is the current high-volatility game of Bitcoin, where gambler-like mentality and risk coexist. When BTC hovers near the critical $100,000 level, the appearance of such large short positions is no small matter — it may be testing how strong the conviction to support the level is.