by Rubab Fatima
The Bitcoin whale outperformed with a $10 million profit by ending their $516 million high-risk short trade at 40x leverage. Before the FOMC meeting this week the trader placed Bitcoin bets expecting its value to decrease.
The investor sold 6,210 Bitcoin units into the market at $84,043 before taking advantage of borrowed funds to boost their investment. The investor made the right choice by taking advantage of market conditions to close out the position for $9.46 million in profits according to Hypurrscan data within few hours.
Ethereum Bought After Bitcoin Short Success
Traders who borrow capital to enlarge their trades experience promising returns but also risk loss and must sell all assets during drops against their position. The whale might lose his entire investment if Bitcoin reached $85,592 on the market.
The investor needed to put in another $5 million to stop liquidation hunters who grouped together to push Bitcoin’s price against this trader’s position. Lookonchain released an analysis on X on March 17 confirming that the trading technique did not succeed. After making money on their short Bitcoin trade the whale purchased 3,200 ETH worth approximately $6.1 million according to Etherscan data.
This whale still managed to turn a profit despite being hunted by a team!
11 hours ago, @Cbb0fe publicly formed a team to hunt this whale who shorted $BTC with 40x leverage.
Just one hour later, the team was in action, driving $BTC above $84,690 in a short period.
The whale… pic.twitter.com/D6FBOFikZR
— Lookonchain (@lookonchain) March 17, 2025
The market’s wait for the FOMC meeting in March led the whale investor to execute their aggressive short position. Market players want to know if the Federal Reserve will adjust its monetary policy next year since its decisions affect the value of Bitcoin and risk investments.
Current economic statistics show that the market conditions may change soon. Inflation appears to slow down as the February Consumer Price Index shows that prices rose 2.8% since last year though economists predicted 2.9%. Market surveys show through CME Group’s FedWatch tool that there is a strong 99% chance that Federal Reserve officials will keep their present interest rate levels unchanged.
Stablecoin Bill Signals Blockchain Adoption in Finance
Bitcoin traders and investors watch the Fed’s signals closely because financial and economic fluctuations alongside Bitcoin’s price instability make them wait for market direction. Gracy Chen expressed to Cryptonews.com that Bitcoin’s declining market value surprises her because of Donald Trump’s crypto-friendly position and U.S. strategic Bitcoin reserve talks.
According to Chen, starting to acquire Bitcoin will give the US government greater credibility in the crypto space and keep prices steady in the long run. The Stablecoin Bill in Congress is moving forward which shows that the American financial system is embracing blockchain technology through regulated cryptocurrencies.
The market uncertainty does not frighten her yet she views $73K-$78K as an excellent point to enter Bitcoin with $200K as her predicted price target within one to two years.
According to Chen BTC prices rising to 200k will likely occur in the following 1-2 years as she explained. In a related analysis Ryan Lee leads Bitget Research to share how the Fed affects Bitcoin movements. He expects Bitcoin to rise if the Federal Reserve hints about lowering rates since the central bank plans to keep interest rates between 4.25 and 4.50 percent.
High-risk monetary decisions push the market down without exception including crypto assets. Lee expects Bitcoin trading between $80,000 and $86,000 after the FOMC meeting with Ethereum expected to move between $1,800 and $2,100.
The crypto market watches Bitcoin carefully to spot when the Federal Reserve’s actions will let it reach its next milestone despite economic policy changes and market upsets.
#blockchain #crypto, #decentralized, #distributed, #ledger
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