Bitcoin Bear Gets Burned 14 Times in 5 Days – Then Opens Another Major Short

Trotz eines beeindruckenden Bitcoin-Anstiegs auf FAST 80.000 USD und wiederholter Liquidationsverluste von über 4,5 Millionen USD setzt ein hartnäckiger Trader seine aggressive Short-Strategie mit einer neuen 23-Millionen-USD-Position fort. Die Marktstabilität bei 77.000 USD nach dem Rallye-Schub deutet jedoch weiterhin auf eine hohe Widerstandsfähigkeit gegenüber solchen bärischen Wetten hin. 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 .