Bitcoin Whale Sells 197 BTC ($21.35M) and Launches $60.89M 3x Leveraged Short on 561 BTC — BlockBeats Aug 30

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

Bitcoin whale sale observed: COINOTAG News on August 30 reported that, per LookIntoChain monitoring, a single whale executed a sale of 197 Bitcoins at an average price of $108,398—a notional disposal of approximately $21.35 million. Subsequently the same entity opened a 3x leveraged short totaling 561 Bitcoins, with a notional exposure of roughly $60.89 million. These entries are drawn directly from on‑chain monitoring data presented by LookIntoChain and reported by COINOTAG News; the paragraph limits itself to recorded transaction details and reported valuations without asserting motive or unverified market effects.