Bitcoin Whales Started to Increase Their Positions

Data in the derivatives market shows that Bitcoin (BTC) whales continue to short sell.

By derivatives analyst Greeks.live transmitted According to information soon butterfly strategy with in total $20 million A Bitcoin transaction was made.

Bitcoin price in newly opened position before March 29 It is predicted that there will be a small-scale decrease. Investor maximum gain pointit will be 47 thousand dollars.

In a position where the investor’s implicit or implied volatility expectation can also be seen 49 thousand 800 dollars no harm occurs under Falling below 44 thousand dollars It was stated that damage may occur in the event of

Greeks.live, “Whales generally continue to increase their short positions to hedge the spot or take profits, which many people new records will be set “It is different from your expectation.” said.


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