Bitcoin Trader Loses $159 Million in Short Position

A prominent Bitcoin trader, identified as ‘Set 10 Big Goals First,’ has recently closed a short Bitcoin (BTC) position resulting in a significant loss. According to on-chain analyst Ai Yi of Odaily, the trader sold 1,783.48 BTC at an average price of $89,138 over a five-minute period. This move resulted in a total loss of approximately $159 million, reflecting a substantial shift in market sentiment.