Sept 16: Bitcoin Whale Cuts 168.78 BTC Short Ahead of Fed Rate-Cut Speculation — $68.8M Position, 40× Leverage & 0.81% to Liquidation

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The market is focused on the upcoming Federal Reserve policy decision scheduled for September 18, with traders pricing in a significant probability of a rate cut. This macro event has coincided with a rise in on-chain whale movements, underlining heightened liquidity shifts and positioning ahead of the central bank announcement, according to industry monitors.

Blockchain analytics firm HyperInsight reports that the address starting with 0xa523 trimmed its BTC short by 168.78 coins. The current position sits near $68.795 million with an unrealized loss of approximately $1.14 million, a liquidation threshold around $11.67k and a distance-to-liquidation of ~0.81%. The account has recently deployed around 40× leverage and recorded cumulative losses near $44.45 million over the past month, with a total reported position value of about $68.84 million.

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Source: https://en.coinotag.com/breakingnews/sept-16-bitcoin-whale-cuts-168-78-btc-short-ahead-of-fed-rate-cut-speculation-68-8m-position-40x-leverage-0-81-to-liquidation/