Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
A whale that profited $160 million from shorting before the October 11th flash crash increased its short position to 1,100 BTC, now facing a $1.333 m

A whale that profited $160 million from shorting before the October 11th flash crash increased its short position to 1,100 BTC, now facing a $1.333 m

Cointime2025/10/20 19:57
By: Cointime
BTC-1.83%

 according to on-chain analyst Ai Yi's monitoring, Bitcoin has fallen below $111,000. Before the "10.11 Flash Crash", a giant whale who shorted the market profited $160 million. They added to their short position by 1100 BTC, worth $122 million, with the latest entry price at $109,672.2. Currently, they are facing a loss of $1.333 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: "SpaceX's Recent Bitcoin Movement Highlights Corporate Treasury Tactics During Volatile Market Conditions"

- SpaceX transferred $268M BTC to new wallets, its first major on-chain activity since July 2025, sparking speculation about treasury management rather than liquidation. - Analysts attribute the move to custodial reorganization, noting SpaceX retains 8,285 BTC ($893M) as part of its long-term strategic commitment to Bitcoin as a corporate asset. - The transfer coincided with BTC's 3% price drop amid market turbulence, though experts emphasize institutional crypto shuffling typically reflects security upgra

Bitget-RWA2025/10/21 11:50

Trending news

More
1
Bitcoin Updates: "SpaceX's Recent Bitcoin Movement Highlights Corporate Treasury Tactics During Volatile Market Conditions"
2
BNB Chain: Issues related to opBNB have been resolved

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,610.18
-2.19%
Ethereum
Ethereum
ETH
$3,894.2
-3.57%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,078.66
-3.35%
XRP
XRP
XRP
$2.43
-1.06%
Solana
Solana
SOL
$186.43
-3.00%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.3216
-0.57%
Dogecoin
Dogecoin
DOGE
$0.1946
-2.83%
Cardano
Cardano
ADA
$0.6459
-3.06%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter