An investor pulled off a major closing of a $517 million short position on Bitcoin, executing their trades on Tuesday and profiting immensely. The short was initiated at an entry price of $83,898, indicating the investor’s confidence in Bitcoin’s downward trend. The position faced potential liquidation had Bitcoin climbed to $85,557. This bold trade has left many speculating about future movements in Bitcoin’s price following such significant market volatility. Analyzing the impact of these large trades on Bitcoin’s direction will be crucial for traders watching the market closely.