加密鯨魚對比特幣進行了3.68億美元的押注，儘管在本週關鍵的美聯儲決定之前，儘管有巨大的風險，但已經獲得了200萬美元的利潤。

2025年3月15日，一個大型加密投資者（通常稱為行業行話中的鯨魚”，在比特幣上開放了一個非常大的短職位

A large crypto investor, known as a “whale” in industry jargon, has opened a huge short position on Bitcoin, contributing to a drop in its value.

一位大型加密投資者，被稱為行業行話中的“鯨魚”，在比特幣上打開了巨大的職位，這有助於其價值下降。

The investor opened an exceptionally large short position on March 15 at around $84,043 with a 40x leverage, which translates to over 4,442 BTC for a total value exceeding $368 million. To be precise, the 40x leverage indicates that the investor has used approximately $9.2 million of their own capital and borrowed the remaining funds to amplify their position.

投資者於3月15日以44,043美元的價格開設了一個非常龐大的短職位，並具有40倍的槓桿作用，該槓桿率超過4,442 BTC，總價值超過3.68億美元。確切地說，40倍的槓桿表明投資者使用了大約920萬美元的自己的資本，並藉了剩餘的資金來擴大其頭寸。

This strategy multiplies potential gains but also exposes them to catastrophic losses in the event of a market reversal. The critical threshold for this position is at $85,592 — if the price of bitcoin rises above this limit, the position would be fully liquidated, resulting in substantial losses.

該策略乘以潛在的收益，但在市場逆轉的情況下，它們將遭受災難性的損失。該職位的關鍵門檻為85,592美元 - 如果比特幣的價格高於此限制，則該職位將被完全清算，從而造成大量損失。

According to Hypurrscan, this operation has already generated more than $2 million in unrealized profits. However, maintaining this position has cost its holder over $200,000 in funding fees.

根據HyburrScan的說法，這項運營已經產生了超過200萬美元的未實現利潤。但是，保持這一職位已使其持有人損失超過20萬美元的資金費用。

These types of strategies are not uncommon in the crypto ecosystem. In early March, a trader also made a spectacular gain of $68 million from a short position on Ether with an even higher leverage of 50x.

這些類型的策略在加密生態系統中並不少見。 3月初，一名交易員還從Ether上的短職位上獲得了6800萬美元的驚人收益，其槓桿率更高，為50倍。

A decisive week for the crypto market

加密市場的決定性週

This bet comes at a strategic moment, just before the Federal Open Market Committee (FOMC) meeting scheduled for March 19. This week promises to be crucial with several major macroeconomic releases that could strongly influence investor appetite for risky assets like bitcoin.

這個賭注是在計劃於3月19日舉行的聯邦公開市場委員會（FOMC）會議之前的戰略時刻。本周有望與幾個主要的宏觀經濟發行版至關重要，這可能會強烈影響投資者對比特幣等風險資產的需求。

According to Ryan Lee, chief analyst at Bitget Research, bitcoin will need to maintain a weekly close above $81,000 to avoid bearish volatility ahead of the FOMC meeting. He stated to Cointelegraph:The key level to watch for the weekly close is the range of $81,000. Holding above this level would signal resilience, but if we see a drop below $76,000, it could trigger further selling pressure in the short term.

根據Bitget Research的首席分析師Ryan Lee的說法，比特幣將需要維持每週的收盤價超過81,000美元，以避免在FOMC會議之前看跌。他說，Cointelegraph：每週關閉的關鍵水平是81,000美元的範圍。在此水平上保持較高將表示彈性，但是如果我們看到下降到76,000美元以下，它可能會在短期內觸發進一步的銷售壓力。

The markets currently anticipate a 98% probability that the U.S. Federal Reserve will keep interest rates unchanged, according to the latest estimates from the CME Group’s FedWatch tool.

根據CME Group的FedWatch工具的最新估計，市場目前預計美國美聯儲將保持利率不變的98％概率。

Despite this, any comments by the Fed chair on the economic outlook and the future trajectory of rates could significantly impact the crypto market.

儘管如此，美聯儲主席對經濟前景和未來利率軌蹟的任何評論都可能會對加密貨幣市場產生重大影響。

The current volatility of bitcoin is also fueled by the growing macroeconomic uncertainty regarding international tariffs, an additional factor that investors are closely monitoring.

目前，比特幣的波動性也源於國際關稅的宏觀經濟不確定性日益增長，這是投資者密切監視的另一個因素。