Bitcoin Whale Secures $6.4M by Closing at $108,150
Bitcoin whale closes short positions at $108,150, securing $6.4M profits. Market reacts bullishly, highlighting the $108K-$110K support zone.
Quick Take
Summary is AI generated, newsroom reviewed.
Bitcoin whale fully closed short positions, earning $6.4M.
Closure executed at $108,150 across multiple small transactions.
Exit occurred between 03:12 UTC and 07:12 UTC, during high liquidity.
Implied total BTC shorted: ~936 BTC.
Implied total BTC shorted: ~936 BTC.
💥BREAKING:
— Crypto Rover (@cryptorover) October 23, 2025
🐳 INSIDER BITCOIN WHALE FULLY EXITED HIS SHORT POSITION, SECURING $6.4 MILLION IN PROFITS. pic.twitter.com/CYDMhnxIls
On October 23, 2025, one of the Bitcoin whales completely liquidated a short position earning 6.4 million dollars in profits. The move was reported by Crypto Rover, who also provided a photograph of several Close Short transactions. The trades took place on a trading screen in the style of Binance or Bybit, with the BTC/USD.
Bitcoin Whale Exit Details
The whale used closing positions with HP-2, depositing the money to a personal account. The timestamps show that the exit started at 03:12 UTC and ended at 07:12 UTC which are high-liquidity European and U.S. market hours. Going to 6.4 million would mean that the shorting of BTC is approximately 936 BTC- a large, though possible whale. The reaction of the threads indicates that traders are looking at this as a possible bullish signal following an organized short sell.
Historical Whale Behavior
Bitcoin Whales tend to exploit short positions to make profits during price drops. These exits have the potential to cause liquidation cascades, which will cause retail leveraged positions to unwind. The one price clean closing means that it was a strategic exit and not a gimmick. According to analysts, whales are generally the owners of 3-5 percent of the circulating BTC and can influence market sentiment by trading in multi-million dollars.
Market Impact and Implications.
The exit injected liquidity in the market that can trigger long-run price rebounds in case traders take the long positions. It proves the volatility of Bitcoin, which is in line with the annual fluctuations of 20-30 percent in the market. The presence of coordinated movements such as this can also be accompanied by prominent technical levels, strengthening the area of support at $108K-110K. Big deals can be monitored by regulatory authorities but this exit does not exhibit market manipulation.
References
Follow us on Google News
Get the latest crypto insights and updates.
