{"id":16961,"date":"2025-03-10T10:01:54","date_gmt":"2025-03-10T10:01:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16961"},"modified":"2025-03-10T10:01:54","modified_gmt":"2025-03-10T10:01:54","slug":"successful-bitcoin-short-trader-places-take-profit-levels-between-70000-74000-further-drop-incoming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16961","title":{"rendered":"Successful Bitcoin Short Trader Places Take Profit Levels Between $70,000-$74,000: Further Drop Incoming?"},"content":{"rendered":"<div>\n<p>A <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) whale accumulated about $7.5 million in unrealized profit by successfully shorting the apex cryptocurrency amid the ongoing market correction.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0According to an X post by on-chain tracking platform <strong>Lookonchain <\/strong>Sunday, the trader shorted Bitcoin at approximately $96,500 on Feb. 22 and closed the position near\u00a0the bottom at around $78,900 six days later.<\/p>\n<p>The whale\u00a0re-entered a short position at\u00a0the peak of approximately $94,424 following the rally induced by President <strong>Donald Trump\u2019s<\/strong> executive order establishing a <a href=\"https:\/\/in.benzinga.com\/25\/03\/44183572\/trump-establishes-strategic-bitcoin-reserve-funded-by-forfeited-assets-i-made-the-promise\">Strategic Bitcoin Reserve<\/a>. <\/p>\n<p>As of this writing, they have set additional short\u00a0positions at $92,449-$92,636\u00a0and placed limit orders to\u00a0take profit between $70,475-$74,192.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/03\/44214520\/successful-bitcoin-short-trader-places-take-profit-levels-between-70000-74000further-drop-incoming\" alt=\"Successful\" bitcoin short trader places take profit levels between further drop incoming>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Bitcoin (CRYPTO: BTC) whale accumulated about $7.5 million in unrealized profit by successfully shorting the apex cryptocurrency amid the ongoing market correction. What Happened:\u00a0According to an X post by on-chain tracking platform Lookonchain Sunday, the trader shorted Bitcoin at approximately $96,500 on Feb. 22 and closed the position near\u00a0the bottom at around $78,900 six [&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-16961","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\/16961","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=16961"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16961\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}