Bitcoin Whale Raises Massive Short on BTC (6,189 @10x) and ETH, Total Position Exceeds $1.1B

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

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

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

On October 10, COINOTAG, citing LookIntoChain monitoring, reported that a long-standing cryptocurrency whale increased leveraged short positions on Bitcoin (BTC) and Ethereum (ETH), a development relevant to risk desks and derivatives traders tracking concentrated counterparty exposure.

The report specifies the address reportedly shorted 6,189 BTC with 10x leverage (reported notional ~$7.529 billion) and 81,203 ETH with 12x leverage (reported notional ~$3.531 billion), listing cited liquidation prices of $130,810 for BTC and $4,589.3 for ETH; these figures are presented as monitored data rather than trading advice.