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A whale that profited $160 million from shorting before the October 11th flash crash increased its short position to 1,100 BTC, now facing a $1.333 m
By:Cointime
according to on-chain analyst Ai Yi's monitoring, Bitcoin has fallen below $111,000. Before the "10.11 Flash Crash", a giant whale who shorted the market profited $160 million. They added to their short position by 1100 BTC, worth $122 million, with the latest entry price at $109,672.2. Currently, they are facing a loss of $1.333 million.
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