Bitcoin Whale Deposits 100 BTC to Kraken, Reduces Short Position

2025-10-22 23:46

A Bitcoin OG whale has deposited 100 BTC, valued at approximately $10.81 million, to the Kraken exchange, according to Lookonchain monitoring. This move occurred an hour ago and coincides with the whale reducing his short position on Hyperliquid to 1,300 BTC, worth $140.8 million. The actions of this whale, known as '1011 short', are closely watched by market participants due to their potential impact on Bitcoin's price dynamics.

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