Bitcoin Whale Reverses from 1000 BTC Short to 3x Leveraged Long, Sets $59,112 Liquidation Price

BTC

BTC/USDT

$65,707.93

+0.32%

$65,707.93

+0.32%

(24s)

24h Volume

$23,298,561,101.23

24h H/L

$66,025.52 / $63,030.00

Change: $2,995.52 (4.75%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,274.58

▼ -0.91%

Volume (24h): -

Resistance Levels

Resistance 3$70,602.61

Resistance 2$68,166.32

Resistance 1$65,872.10

Price$65,274.58

Support 1$64,283.09

Support 2$62,510.28

Support 3$60,000.00

Pivot (PP):$64,776.70

Trend:Downtrend

RSI (14):37.3

COINOTAG News reported on November 28 that LookIntoChain monitoring identified 0x0ddf9, a widely observed Bitcoin address, shifting from a short to a long position.

The trade closed a 1000 BTC short at roughly $91 million, locking in an approximately $1.6 million loss, before deploying a 3x leveraged long on 1000 BTC with a notional near $91 million and a liquidation price around $59,112.