{"id":135652,"date":"2026-08-24T06:05:21","date_gmt":"2026-08-24T06:05:21","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=135652"},"modified":"2026-08-24T06:05:21","modified_gmt":"2026-08-24T06:05:21","slug":"bitcoin-bear-gets-burned-14-times-in-5-days-then-opens-another-major-short","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=135652","title":{"rendered":"Bitcoin Bear Gets Burned 14 Times in 5 Days \u2013 Then Opens Another Major Short"},"content":{"rendered":"<div>\n<p>Bitcoin experienced its most impressive weekly rally in three years last week when it surged from under $65,000 to almost $80,000 in the span of less than 48 hours.<\/p>\n<p>Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, especially following weeks and months of sideways activity without any major gains.<\/p>\n<p>BTC has indeed corrected slightly since that three-month high, but remains rather stable at around $77,000. However, one bear continues to believe that a more profound decline is right around the corner.<\/p>\n<p>Lookonchain shared one major bear\u2019s activity, in which the anonymous trader opened yet another big short (no pun intended). On-chain data showed that the latest position is a 40x short on 300 BTC, currently worth over $23 million.<\/p>\n<p>What\u2019s particularly interesting is their persistence. Ever since bitcoin <a href=\"https:\/\/cryptopotato.com\/btc-hit-3-month-high-eth-topped-2-4k-xrp-soared-40-in-48-hours-weekly-crypto-recap\/\">started to rally<\/a>, and all alts followed suit, the trader has shorted BTC and ETH 14 times, but to no avail.<\/p>\n<p>The analysts at Lookonchain noted that the bear\u2019s losses so far exceed $4.50 million after losing all 14 shorts in just five days.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This bear is back for his 15th short!<\/p>\n<p>Over the past 5 days, he has shorted <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> and <a href=\"https:\/\/x.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> 14 times, losing every single time for a total loss of <a href=\"https:\/\/x.com\/search?q=%244.56M&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$4.56M<\/a>.<\/p>\n<p>Now he\u2019s opened a 40x short on 300 <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> ($23.13M).<\/p>\n<p>Can he finally win one?<\/p>\n<p>Wallet:\u2026 <a href=\"https:\/\/t.co\/0joLI7Sebw\">pic.twitter.com\/0joLI7Sebw<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/x.com\/lookonchain\/status\/2091749547643113785?ref_src=twsrc%5Etfw\">August 24, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-bear-gets-burned-14-times-in-5-days-then-opens-another-major-short\/\">Bitcoin Bear Gets Burned 14 Times in 5 Days \u2013 Then Opens Another Major Short<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin experienced its most impressive weekly rally in three years last week when it surged from under $65,000 to almost $80,000 in the span of less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, especially following weeks and months of sideways activity without any [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-135652","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/135652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135652"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/135652\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}