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via Cointelegraph · By Cointelegraph Staff

Bitcoin Trader Records $13M in Unrealized Losses As BTC

BTC

BTC/USDT

$59,226.00

-0.93%

$59,226.00

-0.93%

(24s)

24h Volume

$31,538,864,582.49

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.6%

Long: 71.6%Short: 28.4%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,500.95

▼ -2.58%

Volume (24h): -

Resistance Levels

Resistance 3$62,909.86

Resistance 2$61,603.90

Resistance 1$59,859.45

Price$59,500.95

Support 1$59,456.73

Support 2$58,115.01

Support 3$51,387.09

Pivot (PP):$59,859.45

Trend:Downtrend

RSI (14):30.0

Cointelegraph Staff

(01:56 PM UTC)

1 min read

Updated byDavid Kim

1420 views

0 comments

A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position.

Key takeaways:

A trader known as “pension-usdt.eth” is short 1,000 BTC worth roughly $81 million using 3x leverage.
The BTC short position will be fully liquidated at $100,810, while Kalshi bettors now assign a 50%…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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