Odaily Planet Daily reports that Justin Bons, founder and CIO of Cyber Capital, stated on X that Bitcoin could crash within 7 to 11 years. He mentioned that as block rewards decrease, miner incentives will continue to diminish, and transaction fees are unlikely to stay high, thereby reducing Bitcoin’s security budget.
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A trader opened a short position of approximately $27 million in BTC, having previously made a profit of $8.65 million from two short trades.
Gate News report, on March 27, according to Lookonchain monitoring, the trader address 0xb79 has made a total profit of 8.65 million dollars from the last two BTC short trades. An hour ago, this address opened a double short position of 410 BTC (approximately 27 million dollars) again.
GateNews15m ago
A trader opened a short position of $27 million in BTC one hour ago, with recent total profits reaching $8.65 million.
BlockBeats News, on March 27, according to Lookonchain monitoring, trader 0xb798 recently profited significantly from shorting Bitcoin twice, with a total profit of 8.65 million dollars.
An hour ago, he opened another short position of 410 Bitcoins, worth 27 million dollars.
BlockBeatNews21m ago
