Bitcoin whale goes big with $227 million short – is a major correction around the corner?

Bitcoin short $227 million: A crypto whale known as the “Trump insider” has deepened his bearish stance on Bitcoin, increasing his short position to 2,100 BTC worth about $227 million, as per a report. The move comes as Bitcoin trades near $108,000, with many traders debating whether the recent rebound has already peaked, as per a Cryptonews report.

Crypto Trader Moves $338 Million in Bitcoin to Binance Amid Bearish Bets

According to Onchain Lens, citing data from Hyperbot, the trader transferred 3,003 BTC, worth roughly $338 million, to Binance on Wednesday, signaling a potential plan to take profit or adjust his position.