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🔍 On-Chain Detective | A Trader Accumulates Against the Trend BTC fall to by year-end 70000 USD forecast and holds a 2250000 USD short position

BlockBeats reports that October 14, according to TradingBeats monitoring, amid broad market expectations that October will pause rate hikes, cross-market trader greater-fools is still increasing bets on a BTC decline.

The account has invested approximately 4381 USD, adding two BTC decline forecasts in the prediction market:

- “Before year-end,BTC falls to 65000 USD”: Yes: approximately 11000 shares newly added, with approximately 2639 USD invested; current total holdings are approximately 136100 shares, with an implied probability of approximately 22.5%, and a position value of approximately 30600 USD.

- “Before year-end,BTC falls to 70000 USD”: Yes: 4510 shares newly added, with approximately 1742 USD invested; current total holdings are approximately 55800 shares, with an implied probability of approximately 35.5%, and a position value of approximately 19800 USD.

Meanwhile, the account still holds 26.97 units of BTC in a short position on Hyperliquid, with a notional value of approximately 2252800 USD, an average price of approximately 69,962 USD, and a current unrealized loss of approximately 365200 USD.

After the U.S.September CPI is released tonight, if inflation exceeds expectations and prompts the market to reprice the tightening path, it could become a source of short-term pressure for BTC.

Original link https://m.theblockbeats.info/flash/371730