someone shorted 5K BTC on bitfinex - wow - what a brave move!

[NorrisK]

Does not seem closed yet: https://bfxdata.com/swaphistory/btc

I guess it can give us some fireworks later.

They must know something we all don't. This is a huge risk to leave it open with hardly signs for short term decline.

Or he must bet on the correction, but indeed, why he used an open order, it cries for people to take advantage of you.

[adaseb]

So its a $2,000,000 short of ~6000 BTC.

He's negative $127,000 currently.

[mmortal03]

He's about to get zhou thonged.

Is this a new meme?

Zoo-Thonged? lol

Zhou-tonged then.

Since I prefer not to see Borat thonged, I also prefer not to see Zhou thonged.

[Soros Shorts]

He's about to get zhou thonged.

Is this a new meme?

Zoo-Thonged? lol

Zhou-tonged then.

Since I prefer not to see Borat thonged, I also prefer not to see Zhou thonged.

Mmmm ... thong made of emery cloth

[Tstar]

If Chinese keep on buying we are going to have a nice Christmas.
According to the trading volume Chinese exchanges are more than 90% of the trading volume.
A 5K short seems a big thing and it is actually but if we put it in the big picture is just a grain of sand of what is happening in China!

Okcoin had a trading volume of 1.300.000 BTC in the last day.

That's huge

[Denker]

eat your bitcoins Chain.

Where can I get that?
Looks really delicious!
Great morning.Woke up, checked the price, and I'm stunned!!

[Raimonn]

With this big volumen on china i don't recommend to anyone to be short on bitcoin. Every day on morning when chinese users wake up bitcoin prices start to climb, some day bitcoin price can go down but with this volume i don't expect to see it another time lower than 300$

[bitmarket.net]

We don't know the full story.

This person might as well be hedging part of his even larger long position, in which case it wouldn't be such a bad move.

[EternalWingsofGod]

Does not seem closed yet: https://bfxdata.com/swaphistory/btc

I guess it can give us some fireworks later.

I am not sure on how to read that chart all I see is a spike for 6382 Bitcoin on October 29 and a chart that seems to be at that stabalized at that new high level, but I presume they might be testing to see if the market swings back in their direction instead of rebalancing at this point that or as already mentioned they are placing a hedge in this market.