Bitcoin Surges to $112K as 1011 Insider Whale’s Short Position Faces $2.7M Unrealized Loss
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to on-chain data reported by COINOTAG News, Bitcoin is advancing toward the $112,000 zone, underscoring renewed bullish momentum in the spot market. In this setup, the 1011 Insider Whale’s short position now shows an estimated $2.7 million unrealized loss, illustrating the tension between leveraged bets and price swings in a rising regime.
Investors should anchor decisions on credible data and sound risk controls as the price tests near-term resistance. Monitoring funding rates, liquidity depth, and on-chain flow can help gauge risk-reward, while maintaining disciplined position sizing to prevent outsized drawdowns in a volatile Bitcoin market.
