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Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K

cryptoweekly by cryptoweekly
May 25, 2025
in bitcoin, News
0

Bitcoin is geared for further price downside as traders expect support retests and James Wynn opens a new short BTC position.

Key points:

Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.

Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run.

Read more

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Recent Posts
  • Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K
  • Pakistan allocates 2,000MW power for Bitcoin mining and AI centers
  • Crypto investor charged with kidnapping, torturing an Italian for passwords
  • Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark
  • Crypto ETFs won’t lose ‘their luster’ as wallet adoption grows — Cathie Wood
  • Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24
  • Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

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