BTC breaking above $65K put serious pressure on this short.
Trader 0x8c96 had an 1,800 $BTC short, worth around $117M, and just got 360 BTC ($23.36M) liquidated.
The position is now down to 1,440 BTC, worth roughly $93.3M.
New liquidation price: $65,042.4
Add: 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57
#BTC keeps pushing higher, and this whale is getting squeezed hard. The remaining $93M short is definitely one to watch.
{future}(BTCUSDT)
{spot}(BTCUSDT)
‼️THE NEXT FEW MONTHS COULD DEFINE THE ENTIRE $BTC SETUP
My current roadmap has $67K as the first major upside target, followed by a potential rejection.
September: distribution and a possible move below $57K.
October: potential cycle low around $40K–$45K.
November: accumulation phase and a possible trend reversal.
December: potential rally toward $100K, followed by another 30–45 days of consolidation.
This is a scenario, not a certainty.
The key levels I’m watching are $67K, $57K, $45K, ...