{"id":125177,"date":"2025-03-16T14:16:22","date_gmt":"2025-03-16T14:16:22","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125177"},"modified":"2025-03-16T14:16:22","modified_gmt":"2025-03-16T14:16:22","slug":"bitcoin-whale-bets-368m-with-40x-leverage-on-btc-decline-ahead-of-fomc","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125177","title":{"rendered":"Bitcoin whale bets $368M with 40x leverage on BTC decline ahead of FOMC"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsA Bitcoin whale is wagering hundreds of millions on Bitcoin\u2019s short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin\u2019s price trajectory and risk appetite among investors.<br \/>\nA large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin (BTC) worth over $368 million, which functions as a de facto bet on Bitcoin\u2019s price fall.<br \/>\nLeveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses, making leveraged trading riskier compared to regular investment positions.<br \/>\nThe Bitcoin whale opened the $368 million position at $84,043 and faces liquidation if Bitcoin\u2019s price surpasses $85,592.<br \/>\nSource: HypurrscanThe investor has generated over $2 million in unrealized profit, however, he has an over $200,000 loss on his position\u2019s funding fees, Hypurrscan data shows.<br \/>\nDespite the heightened risk of leveraged trading, some crypto investors are making significant profits with this strategy. Earlier in March, a savvy trader gained $68 million on a 50x leveraged short position, banking on Ether\u2019s (ETH) 11% price decline.<br \/>\nThe leveraged bet comes ahead of a week of numerous significant macroeconomic releases, including the upcoming Federal Open Market Committee (FOMC) meeting on March 19, which may impact investor appetite for risk assets such as Bitcoin.<br \/>\nRelated: Bitcoin\u2019s next catalyst: End of $36T US debt ceiling suspension<br \/>\nBitcoin needs weekly close above $81k to avoid pre-FOMC downside: analysts<br \/>\nBitcoin price continues to risk significant downside volatility due to growing macroeconomic uncertainty around global trade tariffs.<br \/>\nTo avoid downside volatility ahead of the FOMC meeting, Bitcoin will need a weekly close above $81,000, according to Ryan Lee, chief analyst at Bitget Research,<br \/>\nThe analyst told Cointelegraph:<br \/>\n\u201cThe key level to watch for the weekly close is $81,000 range, holding above that would signal resilience, but if we see a drop below $76,000, it could invite more short-term selling pressure.\u201d<br \/>\nRelated: Bitcoin experiencing \u2018shakeout,\u2019 not end of 4-year cycle: Analysts<br \/>\nThe analyst\u2019s comments come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group\u2019s FedWatch tool.<br \/>\nSource: CME Group\u2019s FedWatch tool\u201cThe market largely expects the Fed to hold rates steady, but any unexpected hawkish signals could put pressure on Bitcoin and other risk assets,\u201d added the analyst.<br \/>\nMagazine: SCB tips $500K BTC, SEC delays Ether ETF options, and more: Hodler\u2019s Digest, Feb. 23 \u2013 Mar. 1<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-whale-bets-368-m-40x-leverage-btc-decline-fomc?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsA Bitcoin whale is wagering hundreds of millions on Bitcoin\u2019s short-term decline, ahead of a week filled with key economic reports that may significantly impact Bitcoin\u2019s price trajectory&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125177"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125177"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125177\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125177"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}