Mysterious Whale Increases Bitcoin Short Position to $32.48 Million

According to PANews, an on-chain analyst identified as @ai_9684xtpa has reported that a mysterious whale with a 100% success rate has increased their Bitcoin short position to 299.69 BTC, equivalent to $32.48 million, with an opening price of $108,200.The analyst also noted that the whale recently withdrew a previous order, which provides insight into their price expectations. Initially, the whale planned to close a position of 134.55 BTC if Bitcoin's price dropped to $107,600, suggesting an anticipated further decline of $600.