The #Bitcoin OG has increased his $BTC short position, currently valued at $210M and raised the leverage from 10x to 20x.
Stats:
- Amount: 1,823 $BTC
- Entry Price: $116,812
- Liquidation Price: $120,990
- Profit: $3.8M
https://t.co/TE0chC3vug
Three things I want to share briefly:
1/ I’ll explain the bearish insights we shared.
2/ My take on 1011.
3/ Thoughts on how the industry can do better.