A bold trading move has shaken the crypto market. On January 20 at 16:07, an investor opened a massive short position of 250 BTC using 40x leverage, with an average entry price of $90,931.4, according to on-chain monitoring data. The aggressive bet has sparked widespread discussion across the trading community.
High-Risk Play Amid Market Uncertainty
Despite Bitcoin trading near all-time highs, this trader has taken a contrarian stance, signaling strong bearish sentiment in the short term. The position is currently facing minor unrealized losses, and a continued price surge could trigger liquidation.
Pattern of Active Swing Trading
- Past activity reveals a tendency to hold positions overnight
- Average holding period ranges from 2 to 5 days, indicating a swing-trading strategy
- Repeated high-leverage shorts placed near key resistance levels
This move highlights the ongoing prevalence of leveraged trading in crypto and underscores how some market participants remain skeptical even during bullish phases. As volatility rises, similar high-stakes plays may become more frequent.