BREAKING
111d 13h ago

Bitcoin Surges to $112K as 1011 Insider Whale’s Short Position Faces $2.7M Unrealized Loss

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

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