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Bitfinex Bearwhale Makes $15 Million After Predicting Bitcoin Crash Weeks Ahead

Joe the whale has made two astonishing trades in the last three months that have correctly predicted bitcoin’s price movement when the trend was in a different direction.


He came to our attention in December when a long of bitcoin with borrowed dollars sent him -$25 million.


That’s while price was falling, but Joe seemed unphased, taunting bears on twitter while seemingly being confident the price was to go in his direction.

Bitfinex Bearwhale Makes $15 Million After Predicting Bitcoin Crash Weeks Ahead

As it did a few weeks later when his big red turned into considerable green with some pointing out the price did not move when he opened his massive 20,000 bitcoins long weeks prior to the price moving in his direction.


Now he is $15 million in green (pictured above) after shorting at around $10,000 a few weeks ago. Read More...