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"Big Short" Michael Burry: Current Bitcoin Trend May Repeat 2022 Bear Market Rhythm
2m ago
Deribit: Over $2.5 billion in crypto options will expire tomorrow, with the maximum pain price for BTC at $82,000.
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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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"Long-term short BTC" whale adjusts orders, $59,138 "bottom-fishing" BTC volume halved to 100 coins
BlockBeats News, February 5th, according to HyperInsight monitoring, the “long-term short BTC” whale (0x5d2f4) has changed its BTC limit buy orders. The current order book shows it will buy 100 BTC when BTC drops to $64,967; and another 100 BTC when BTC drops to $59,138.
This whale entered a 20x leveraged short position at a Bitcoin price of $111,499.3, shorting 499.91 BTC. Currently, the BTC short position has been reduced to 68.33 BTC with an unrealized profit of $2.734 million, and it has collected $10.0048 million through funding rate settlements.