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

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

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.