Crypto whale closes empty sales over $ 516 million and bet on Bitcoin price decline before FOMC session

Crypto whale closes empty sales over $ 516 million and bet on Bitcoin price decline before FOMC session

Bitcoin: Market development and investor strategies before the FOMC session

A significant crypto investor recently dissolved empty sales positions worth over $ 516 million in Bitcoin and bets on an upcoming price drop. This decision is made shortly before the Session of the Federal Open Market Committee (FOMC) this week, which also puts the market participants into excitement.

resolution of empty sales positions

The investor, often referred to as "whale", has made almost $ 10 million profit by closing a 40-fold position of 6.210 BTC. The position was originally opened at a price of $ 84,043. A targeted procedure made it possible for the investor to avoid the desired liquidation by increasing the empty sales by $ 5 million.

diversification by ETH purchases

The profits made from the Bitcoin transactions were used to acquire over 3.200 ETH for $ 6.1 million on March 18. This strategy shows how crypto investors try to diversify their portfolio and to better control the risk while benefiting from the market movements at the same time.

Influence of monetary policy decisions

The monetary policy of the Federal Reserve is the focus of the current market development. The declining fear of inflation, especially after a lower than expected US consumer price index (CPI), could significantly influence the Federal Reserve's decisions during the FOMC session. Investors and analysts observe the situation exactly because the announced monetary policy measures shape the mood on the markets and could have a negative impact on risk systems such as Bitcoin.

support at $ 81,000

The short-term price development of Bitcoin will decisively depend on whether it is possible to keep support at $ 81,000. A stable support above this brand could stabilize the mood among investors, while a decline underneath could lead to further corrections. If inflation pressure continues to subside, Bitcoin could win a certain upward moment.

Ultimately, a lot will depend on the attitude of the Federal Reserve in relation to the general economic situation, which will have a direct impact on the trust of investors and the dynamics of the crypto markets. The coming days promise an exciting development in the Bitcoin market due to these factors.