A prominent Bitcoin whale, known for previously swapping large amounts of BTC for ETH, has begun reducing short positions for the first time since the October 11 flash crash. Starting at 23:47, the whale engaged in small, high-frequency reductions from an initial holding of 4,394.73 BTC. Concurrently, the market saw a rebound with Bitcoin surpassing $112,500.
Bitcoin Whale Reduces Short Positions Amid Market Rebound
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