Whale Prepares for Post-CLARITY Crash with Massive BTC, ETH, ZEC Shorts

A highly successful trader has opened massive short positions on Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC) ahead of a crucial vote in the US Senate on the CLARITY Act. The legislation, which could trigger significant volatility across the digital asset sector, is expected to be rejected today by Democrats.

The anonymous whale has maintained a perfect track record so far, making almost 2,300 trades with a 100% win rate. This has led some to speculate that the trader may have insider information.

Analyst Midas believes that if the CLARITY Act is rejected, Bitcoin will dump brutally and break below $70,000, potentially moving toward new lows. They also predict an ultimate flashout to $50,000 'soon'.