Bitcoin Giant Doubles Down on Short Position Amidst Market Uncertainty

A prominent figure in the crypto world, known as a veteran trader, is once again taking a high-risk stance with Bitcoin. This trader, who successfully shorted both Ethereum and Bitcoin before the recent market crash, has now doubled down on his short position against BTC, risking over $392 million. His current bet involves 3,440 BTC. This significant move suggests a deep skepticism about Bitcoin’s future price trajectory.