Bitcoin Whale Expands Massive Leverage Short Amid Market Concerns

A “Bitcoin OG” has expanded his BTC short position by 200 BTC ($22.1 million) using 10x leverage, according to Onchain Lens data shared on October 20.

This significant short position signals potential market volatility, reflecting the ongoing influence of high-leverage trading on Bitcoin’s price dynamics.

Bitcoin Whale’s $99.6M Short Raises Market Concerns

On October 20, Onchain Lens revealed a “Bitcoin OG” significantly increased their BTC short position by 200 BTC, valued at $22.1 million, employing a bold 10x leverage. This trader now holds a total of 900 BTC in shorts, valued at $99.6 million.

The expansion of the short position is due to the trader’s strategic bet against BTC price trends. The leveraged position features a substantial floating loss of $1.1 million while targeting price movement. This development amplifies market risks and short-term uncertainty within the crypto market.

Market reactions have been swift, with increased discussions on social media platforms highlighting potential volatility. Despite significant market attention, no official comments have emerged from key cryptocurrency figures or institutions concerning this specific position increase.

It appears that there are no identifiable quotes available from key players, industry leaders, or experts regarding the situation you described about the ‘Bitcoin OG’ and their significant short position in Bitcoin.

Expert Insights: Bitcoin Price Pressure and Volatility

Did you know? The “Bitcoin OG” previously made headlines with a record $11 billion BTC transfer, influencing market conditions similar to today’s expanded short position.

Bitcoin (BTC), as of October 20, 2025, holds a value of $110,654.44, with a market cap of approximately $2.21 trillion and a market dominance of 59.06%, according to CoinMarketCap. The 24-hour trading volume reflects an increase of 38.82%, valued at $64.02 billion. While the price rose by 1.81% in the past day, it has declined by 7.46% over the last 90 days.

According to the Coincu research team, the increased short position could pressure short-term BTC prices, leading to heightened market volatility. This situation accentuates systemic risk, with regulatory bodies potentially monitoring for future interventions. The prolonged price movement may affect investor sentiment and strategy. Market reactions have been swift, with increased discussions.