Bitcoin Bear Gets Burned 14 Times in 5 Days – Then Opens Another Major Short
核心要点
- 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
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 major gains. 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. Lookonchain shared one major bear’s 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. What’s particularly interesting is their persistence. Ever since bitcoin started to rally , and all alts followed suit, the trader has shorted BTC and ETH 14 times, but to no avail. The analysts at Lookonchain noted that the bear’s losses so far exceed $4.50 million after losing all 14 shorts in just five days. This bear is back for his 15th short! Over the past 5 days, he has shorted $BTC and $ETH 14 times, losing every single time for a total loss of $4.56M . Now he’s opened a 40x short on 300 $BTC ($23.13M). Can he finally win one? Wallet:… pic.twitter.com/0joLI7Sebw — Lookonchain (@lookonchain) August 24, 2026 The post Bitcoin Bear Gets Burned 14 Times in 5 Days – Then Opens Another Major Short appeared first on CryptoPotato .