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March 17, 2025

Massive $450 Million Bitcoin Short Sparks Market Excitement

Bitcoin (BTC) has shown signs of stabilization since last Tuesday, rebounding above its 200-day average to surpass $84,000. Recently, a notable crypto whale executed a staggering leveraged short of $445 million on BTC via Hyperliquid. This bold move creates a buzz in the market as the whale simultaneously positioned themselves long on the MELANIA token. Investors and traders closely monitor this significant short, as it may trigger volatility and fluctuations in Bitcoin’s price. Stay updated on market dynamics as this situation unfolds, and be prepared for potential shifts in the crypto landscape.

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