The cryptocurrency market is full of rumors, and the collective whales are increasing their short positions on Bitcoin and mainstream altcoins.

According to data from Arkham Intelligence, cryptocurrency whales are increasing their short positions on Bitcoin and major altcoins. Among them, an entity known as Trump Insider Whale has a particularly aggressive bearish stance on Bitcoin. Arkham data shows that this entity has recently added $150 million in short positions, bringing its total short position to $485 million. Due to the current market downturn, the entity has unrealized profits of about $22 million. Previously, reports have indicated that Trump Insider Whale had built a $340 million short position in Bitcoin. And before last week's cryptocurrency market crash, the entity had shorted $700 million in Bitcoin and $350 million in Ethereum, earning a net profit of $200 million. Other whales are also actively building short positions in major altcoins. According to reports, the wallet 0x9eec9, which made a profit of $31.8 million, currently holds $98 million in short positions in Dogecoin, Ethereum, Pepecoin, Ripple, and Aster. Another whale, 0x9263, which made a profit of $13.2 million, has established $84 million in short positions in Solana and Bitcoin. In addition, monitoring by Lookonchain shows that BlackRock, Inc. has transferred 704 Bitcoins to Coinbase Prime platform, with these Bitcoins valued at approximately $77.67 million, further suppressing market sentiment. At the time of writing, the price of Bitcoin has fallen by 0.5%, at $112,550.35; Ethereum has fallen by 0.38%, at $4,115.18.