Bitcoin Whale Opens 4x Short Position After Closing $6.019 Million Long

A contract whale known as "Set 10 Big Goals First" said on social media that it has opened a 4x leveraged short on Bitcoin, with unrealized gains of more than $980,000 and a return on investment of 2.19%. The whale said the trade is a short-term Bitcoin short. According to ChainCatcher, the same whale earlier closed a Bitcoin long position at a profit of $6.019 million after taking gains in the early hours of today. It said the bullish trend view remains unchanged, but the position was closed to lock in profits and take a two-day break.