Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin OG books over $160M profit from BTC and ETH shorts in 30 hours

Bitcoin OG books over $160M profit from BTC and ETH shorts in 30 hours

Cryptobriefing2025/10/12 22:03
By:Cryptobriefing

Key Takeaways

  • Bitcoin OG, a veteran crypto trader, realized over $160 million in profits by shorting Bitcoin and Ethereum in just 30 hours.
  • The trader actively adjusts positions in response to market volatility.

Bitcoin OG, a veteran trader recognized for owning early-era coins and executing large-scale positions, booked over $160 million in profits from shorting Bitcoin and Ethereum within a 30-hour period.

Bitcoin OG’s recent high-leverage shorts on BTC and ETH align with broader trading patterns where experienced traders capitalize on liquidity events and price corrections in the crypto market.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: ETF Rally Faces Off Against Major Whale Shorting—Is $10K Within Reach?

- Ethereum's price rose to $3,857 as U.S. spot ETFs saw $141.6M inflows, driven by Fidelity and BlackRock, signaling institutional interest. - Analysts link the recovery to expected Fed rate cuts and technical indicators showing potential for a rebound toward $4,500. - Bitcoin whales amplified short positions, triggering $19B in crypto liquidations, while "Trump insider whale" exploited tariff announcements for rapid profit extraction. - Market dynamics highlight whale-driven volatility, with derivatives v

Bitget-RWA2025/10/25 20:20
Ethereum Updates Today: ETF Rally Faces Off Against Major Whale Shorting—Is $10K Within Reach?

Bitcoin News Today: Bitcoin Hits $126K—Is This the Cycle’s Ultimate Top or Just the Start of Bigger Gains by 2026?

- ISM PMI data shows sustained manufacturing growth, fueling debates on Bitcoin's extended bull cycle beyond typical four-year halving patterns. - Bitcoin's $126,300 October 2025 high defies historical peak timing, with analysts split on whether it signals a climax or prelude to 2026 gains. - Gold's 80-day lead over Bitcoin and weak BTC-M2 correlation create uncertainty, with some predicting a late 2025 breakout or delayed peak in early 2026. - Analysts like Tom Lee ($2M target) and Saylor ($21M in 21 year

Bitget-RWA2025/10/25 20:06
Bitcoin News Today: Bitcoin Hits $126K—Is This the Cycle’s Ultimate Top or Just the Start of Bigger Gains by 2026?

LUNA Value Drops 75.72% Compared to Last Year as Market Fluctuations and Regulatory Changes Persist

- LUNA rose to $0.1008 on Oct 25 with a 2.13% 7-day gain but faces a 26.87% monthly drop and 75.72% annual decline. - Regulatory shifts and macroeconomic pressures drive crypto volatility, sustaining LUNA's bearish trend despite short-term rallies. - Technical analysis shows LUNA in consolidation, with $0.15 resistance and $0.05 support levels critical for trend reversal signals. - A backtesting strategy examines LUNA's 26.87% monthly decline to identify historical patterns for recovery or continued downwa

Bitget-RWA2025/10/25 19:50

Solana News Today: MoonBull’s Innovative Approach: Transforming Crypto Returns Through Structured Tokenomics and Meme-Driven Popularity

- MoonBull ($MOBU) presale raises $450K with 1,400+ holders, projecting 9,256% ROI at $0.00616 listing price. - Tokenomics allocate 5% per transaction to liquidity, burns, and reflections, while 95% APY staking incentivizes long-term participation. - Combines meme coin virality with deflationary strategies, contrasting stagnant Bitcoin/Ethereum and outperforming Stellar/Hedera's recent declines. - Community governance via 1-token-1-vote system aims to align development with investor interests, though risks

Bitget-RWA2025/10/25 19:40
Solana News Today: MoonBull’s Innovative Approach: Transforming Crypto Returns Through Structured Tokenomics and Meme-Driven Popularity