Bitcoin just pulled off its biggest weekly surge in three years climbing from below 65000 to nearly 80000 in under 48 hours 🖤.
Explosive jumps like this often trigger profit taking especially after long sideways stretches.
BTC has pulled back a bit from that three month peak yet holds steady near 77000. One stubborn bear still predicts a deeper drop is coming though 🌙.
Lookonchain spotted this trader opening another massive 40x short on 300 BTC worth over 23 million right now 🦇. The anonymous short seller has been relentless.
Since the rally kicked off and altcoins followed the bear has tried shorting BTC and ETH fourteen times straight without success. Losses have already topped 4.50 million after just five days of failed bets 🔮.
The Bear Strikes Again 🕸️
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:…
— Lookonchain (@lookonchain) August 24 2026
The persistence feels almost sinister yet these shorts keep getting wrecked 🩸. On chain data keeps exposing the pattern for everyone to see 💀.
Just another echo from the void by iconofsin.eth 💖
