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

A Bitcoin whale is wagering hundreds of millions on Bitcoin’s short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin’s price trajectory and risk appetite among investors.A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin (BTC) worth over $368 million, which functions as a de facto bet on... source: https://cointelegraph.com/news/bitcoin-whale-bets-368-m-40x-leverage-btc-decline-fomc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound