July 20, 2026·Bearish·onchain activity

Whale Opens $38.5M BTC Short with 20x Leverage

A whale opened a $38.5 million short position on Bitcoin with 20x leverage. The same whale has maintained a nearly 90% win rate over the past three months, raising questions about whether the trader is an insider or a skilled gambler.

Detected & updated continuously · Source: Nebula

Mentioned

Bitcoin (btc)

Sources

@MaxCrypto

A whale has opened a $38,500,000 $BTC short with 20x leverage. In last 3 months, this whale has a win rate of almost 90%. Insider or gambler? https://t.co/e9TeRErC6y