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BTC Drop Turns ’10 Big Goals’ Trader’s Short Profitable

As Bitcoin fell below $76,000, the trader known as ’10 Big Goals’ saw his BTC short position turn profitable, with floating gains around $800,000. He holds 1,830.724 BTC shorts with an average entry price of $76,397.56, and also has 12,756.739 ETH shorts with a small loss.

Original source

AI take

The notable detail is not the profit itself but the position structure: a short entered near $76,397 turning green only after price slipped below $76,000, meaning the trader is running a large, closely-struck BTC short alongside an ETH short that is still underwater. That mix suggests a directional BTC bet rather than a broad market hedge. Whether the ETH leg drags the overall book back toward breakeven, and whether the BTC short is scaled or held into further weakness, is the open question.

Generated by AI for reference only.

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