{"id":89814,"date":"2026-05-05T10:01:40","date_gmt":"2026-05-05T10:01:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89814"},"modified":"2026-05-05T10:01:40","modified_gmt":"2026-05-05T10:01:40","slug":"bitcoin-trader-closes-short-at-nearly-2-million-loss-ahead-of-btcs-push-to-81000-rally-here-to-stay","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89814","title":{"rendered":"Bitcoin Trader Closes Short At Nearly $2 Million Loss Ahead Of BTC’s Push To $81,000\u2014 Rally Here To Stay?"},"content":{"rendered":"
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A trader with a track record of successful bearish calls exited a large Bitcoin <\/strong>(CRYPTO: <\/a>BTC<\/a>) short late Monday as the leading cryptocurrency climbed to\u00a0$81,000.<\/p>\n

Traders Exits Before Shorts Get Wrecked<\/h2>\n

The trader closed a 700 BTC position valued at $56.68 million at the time of reporting, incurring a $1.94 million loss after holding for nearly 70 hours.<\/p>\n

This single move erased $1.71 million in profits from their eleven prior successful BTC shorts.<\/p>\n

<\/p>\n
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Trader 0x004e closed a 700 $BTC<\/a>($56.68M) short 1 hour ago, taking a $1.94M loss.<\/p>\n

Despite winning his previous 11 $BTC<\/a> shorts for a total profit of $1.71M, this single trade wiped out all his gains.<\/p>\n

Wallet:
0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8 pic.twitter.com\/95uod8jw9W<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 5, 2026<\/a><\/p>\n<\/blockquote>\n