{"id":647867,"date":"2026-08-24T19:33:29","date_gmt":"2026-08-24T19:33:29","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=841802"},"modified":"2026-08-24T19:33:29","modified_gmt":"2026-08-24T19:33:29","slug":"bitcoin-trader-down-4-56m-opens-new-23m-short-on-300-btc","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/24\/bitcoin-trader-down-4-56m-opens-new-23m-short-on-300-btc\/","title":{"rendered":"Bitcoin Trader Down $4.56M Opens New $23M Short on 300 BTC"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-trader-down-4-56m-opens-new-23m-short-on-300-btc3_nwmk-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"The trader&#039;s latest $23 million short on BTC.\" style=\"float:left;margin:0 15px 15px 0\" \/>A wallet tracked by onchain analysts opened its 15th bitcoin short in five days on August 24, a 40x leveraged bet on 300 BTC worth roughly $23.13 million, after 14 straight losing trades wiped out a combined $4.56 million. An Embarrassing Losing Streak Deepens Further The wallet (identified as bowen1476) opened its 15th short position [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A wallet tracked by onchain analysts opened its 15th bitcoin short in five days on August 24, a 40x leveraged bet on 300 BTC worth roughly $23.13 million, after 14 straight losing trades wiped out a combined $4.56 million. An Embarrassing Losing Streak Deepens Further The wallet (identified as bowen1476) opened its 15th short position [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":647868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-647867","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/647867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=647867"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/647867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/647868"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=647867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=647867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=647867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}