Hacking News
BTC Whale Opens $94.6M Short Before FOMC: Does He Know Something?
A Bitcoin (BTC) whale has taken a high-conviction bearish stance by opening a $94.6 million BTC short position at 13x leverage just before and during the New York session, ahead of the October 28, 2026 Federal Open Market Committee (FOMC) decision. The move comes despite the recent 16% Bitcoin rally following the Fed's previous 25-basis-point rate hike. The BTC price has declined in the hours that followed, mirroring the general New York-session selling.