Trading the stockmarket (NO Referrals)

cointelegraph.com

Bitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC

A whale has opened a $368 million short position betting on Bitcoin's decline ahead of the FOMC meeting.
cointelegraph.com cointelegraph.com

A Bitcoin whale is betting hundreds of millions of dollars on a short-term decline in Bitcoin’s price ahead of a pivotal week filled with key economic reports that could significantly influence its trajectory and investor risk appetite.

A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin

BTC
$83,004
—worth over $368 million — which functions as a de facto bet on Bitcoin’s price fall.

Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.

The Bitcoin whale opened the $368 million position at $84,043 and faces liquidation if Bitcoin’s price surpasses $85,592.
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More possible insider trading but I guess it's fine because it's Crypto and not the stock market (although it impacts stock market now that there's ETF's for crypto)
 
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Bah I definitely sold dwave too early and now I am not happy with 46 percent profit !!!!! Dwave flying up pre market , still beats my ISA though!!!
 
lookitsjonno said:
Wait for Jensen's speech tomorrow when he nocks it back down a peg or two :D
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I am hoping it's a super positive speech For my Nvidia :) going to be watching the live stream on YouTube , thing is with the dwave it's not 24/5 trading yet so in a way I am glad I took the profit as I didn't feel in control out of Hours who knows what will happen at market open (yeah I know probably soar!!!!!)
 
moon man said:
Bah I definitely sold dwave too early and now I am not happy with 46 percent profit !!!!! Dwave flying up pre market , still beats my ISA though!!!
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I'm still holding d-wave, rigetti and ionq
Have trimmed but still have a good holding.
 
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