Bitcoin Investor Secures $153 Million Profit in Market Downturn

A prominent Bitcoin investor has profited significantly from the recent market downturn, according to Onchain Lens data shared by Foresight News. The investor leveraged their Bitcoin holdings for short positions, ultimately generating a profit of $72.33 million after closing these positions during the decline. They also closed a majority of their Bitcoin short position, leveraging 10 times, resulting in an additional $81 million profit. This savvy investor still holds an unrealized profit of $7 million from these short trades.