@imvannhat
Why Short BTC?
A short position of this magnitude signals strong conviction that BTC’s price is heading lower. The whale may be acting based on:
Technical analysis: BTC could be facing strong resistance at $85,000 - $90,000, with overbought signals such as RSI flashing red.
Macro catalysts: A looming Fed rate hike or potential regulatory crackdown from major economies could be bearish triggers.
Market manipulation: The whale could be attempting to induce panic selling among retail traders, only to buy back BTC at a lower price later.