'Insider whale' earns $1.8 million from Bitcoin short bets

Source
Uk Jin

Summary

  • The insider whale who made large profits in the futures market during the recent Bitcoin crash is said to be drawing renewed attention.
  • The whale is said to have made about $1.8 million (about 2.57 billion won) in profits through Bitcoin (BTC) short bets.
  • It said Bitcoin's price widened its losses and was at $108,266, down 1.62% from the previous day.

The whale, who was previously identified as an insider for precisely timing the last sharp decline, appears to have again made large profits in the futures market.

On the 21st (Korean time), BlockBeats reported that the whale has currently made about $1.8 million (about 2.57 billion won) in profits from Bitcoin (BTC) short bets.

This came as Bitcoin widened its losses. As of 1:26 PM that day, Bitcoin was trading at $108,266, down 1.62% from the previous day.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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