BREAKING
220d 2h ago

Insider Whale Boosts Bitcoin Short Positions Amid $14M Losses

BTC

BTC/USDT

$71,354.77
+3.55%
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
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

Insider whales have notably expanded their short positions on both Bitcoin and Ethereum, signaling a cautious stance amid current market volatility. This strategic move has resulted in aggregate losses surpassing $14 million, reflecting the high-risk nature of leveraged trading in the cryptocurrency sector. Market participants should closely monitor these developments, as increased short exposure by significant holders can influence price dynamics and liquidity. The data underscores the importance of prudent risk management and highlights the ongoing uncertainty within the digital asset landscape.

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