A new Bitcoin whale has just shown aggressive movement by launching a 5x short attack against xyz:CL worth $10.2 million. According to Lookonchain data, the large wallet 0xab96 has opened a short position of 90,000 units at a closing price of $130.45 per unit in recent hours. This massive activity from this market whale reflects a strong bearish signal against the asset, indicating that the whale believes there is potential for price decline in the future.
MissedTheBoat
