Bitcoin News Today: Btc Short Whale Cuts Position by 20 BTC, Locking in $465K Profit Amid Volatile ETF Flows

A prominent whale that has shorted Bitcoin (BTC) four times since March 2025 has further reduced its short position by 20 BTC, netting a $465,000 profit. The whale currently holds 550.7 BTC short, representing $48.6 million in notional value, with $12.8 million in unrealized gains and $9.6 million in funding fee profits according to on-chain data. This move signals continued bearish sentiment amid mixed market conditions for BTC.

Bitcoin has experienced volatile price action in recent days, trading within an indecisive range of $86,000 to $90,000. On Wednesday, the cryptocurrency saw a significant net inflow of $457.3 million into spot BTC ETFs, the highest in five weeks, offering a potential boost to BTC's price. However, analysts remain cautious, noting that sustained inflows and softer-than-expected U.S. inflation data will be crucial for a meaningful upward move.

The recent shift in institutional demand highlights the ongoing tug-of-war in the BTC market. While Wednesday's ETF inflow marked a reversal from earlier net outflows of $500 million in the previous two days, the broader trend remains uncertain. The upcoming U.S. inflation report, scheduled for Friday, could serve as a pivotal event, with softer-than-expected data possibly spurring renewed risk-taking in crypto and other markets.

Why the Whale's Moves Matter

The whale's repeated shorting activity has drawn attention in the on-chain community. Whale 0x152e, known for nine consecutive profitable trades, with total gains over $14 million, has also taken short positions in BTC and ETH, accumulating $1 million in unrealized profits. On-chain analysts closely monitor such whales, as their actions often reflect macroeconomic trends and sentiment shifts in the crypto market.

The whale's latest reduction of its BTC short position by 20 BTC, now holding 550.7 BTC short, may signal a partial profit-taking strategy or a shift in their bearish outlook. With total account profits exceeding $55.51 million, the whale remains one of the most impactful participants in the BTC short market. This behavior contrasts with some analysts who have flagged signs of a correction phase in Bitcoin's price action.

Risks to the Outlook

Despite recent ETF inflows, Bitcoin's market faces headwinds from regulatory delays and macroeconomic pressures. The U.S. Senate's failure to pass the CLARITY Act before the year's end has prolonged uncertainty for the crypto industry. This delay, combined with the Bank of Japan's recent interest rate hike, has increased volatility and risk aversion in the market. Top analysts from 10x Research and Matrixport continue to maintain bearish stances on Bitcoin, citing weak spot ETF flows and macroeconomic indicators. The recent $161 million in net outflows from spot BTC ETFs, according to Farside Investors, has raised concerns about institutional confidence in the asset. This sentiment is echoed by veteran trader Peter Brandt, who identified a double-top breakdown in XRP and warned of potential price falls to $1 or below.

The ongoing outflows and bearish technical indicators suggest that Bitcoin may remain under selling pressure in the near term. If the cryptocurrency fails to break out of its current trading range, the correction phase could extend, increasing the likelihood of a deeper bear market. Investors are advised to remain cautious and monitor key macroeconomic events, including U.S. inflation data and the Bank of Japan's rate decision.

What This Means for Investors

For crypto investors, the current environment demands a careful balance between optimism and caution. While recent ETF inflows and potential rate cuts by the Federal Reserve offer hope for a rally, the broader bearish sentiment remains strong. The whale's continued shorting and profit-taking in BTC and ETH underscore the uncertainty in the market.

Investors should closely monitor ETF flows, macroeconomic data, and on-chain activity from large participants. The Bank of Japan's rate hike and the yen's potential impact on risk appetite also warrant attention. In addition, the upcoming U.S. inflation report will likely shape the direction of the market in the coming weeks.

Retail investors may find opportunities in smaller altcoins, as the CoinDesk 20 index remains relatively resilient despite broader weakness. Privacy-focused tokens like XMR and ZEC have shown gains, while larger coins like ETH and BNB face downward pressure. As always, investors are encouraged to assess their risk tolerance and consult with financial advisors before making investment decisions.