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Market Cap:
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Cryptocurrencies: 6295
Bitcoin Bitcoin Share: 58.49%
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Coinpedia
April 6, 2026 11:15 AM UTC

Trader Opens $51M Short On Oil: What Happens to Bitcoin If Oil Prices Crash?

Trader Opens $51M Short On Oil: What Happens to Bitcoin If Oil Prices Crash?

The post Trader Opens $51M Short On Oil: What Happens to Bitcoin If Oil Prices Crash? appeared first on Coinpedia Fintech News Oil is sliding. Bitcoin is climbing. And a trader who has made $116 million in five months just opened a $51 million bet that the gap between them is about to widen significantly. The position – a short on Brent crude opened today – was flagged by analysts on X. The timing is deliberate. Crude …

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