Smart Money Shifts to Bearish Stance with Significant Bitcoin Short

According to PANews, monitoring by Lookonchain reveals that the entity known as 'pension-usdt.eth' has shifted its strategy from bullish to bearish. The entity has opened a leveraged short position on 1,000 BTC, valued at $89.6 million. This move follows a series of seven consecutive profitable trades, with total earnings exceeding $22 million.