Rui|3月 18, 2025 08:20
My personal guess is that Giant Whale has been shipping Bitcoin (estimated to be above 500M), but the market liquidity is not so good, so it opened a 500M short position to show to the whole network. If people want to explode, they will naturally buy spot goods to pull the market, so he has the opportunity to ship the iceberg. If he sells out his stock and runs away, he will lose 10M, and the price of the goods sold will be even higher. If he really goes down, he will make a profit.
At present, there is no evidence and I am too lazy to look for it. I just feel that
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