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

BTC

BTC/USDT

$68,506.17

-2.79%

$68,506.17

-2.79%

(24s)

24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short

63.9%

Long: 63.9%Short: 36.1%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$68,506.17

▼ -0.60%

Volume (24h): -

Resistance Levels

Resistance 3$72,364.25

Resistance 2$70,811.58

Resistance 1$68,867.82

Price$68,506.17

Support 1$68,115.84

Support 2$65,637.54

Support 3$62,909.86

Pivot (PP):$68,735.17

Trend:Downtrend

RSI (14):44.9

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.