🚨🐋 WHALE CAPITULATES CLOSES BITCOIN SHORT AT A $600K LOSS AND RE-ENTERS 📉💸
On-chain data monitor Ai Yi revealed major moves from a heavily pressured institutional trader. A large address holding a massive $102 million Bitcoin short position was forced to capitulate, closing out 700 BTC last night and locking in a net loss of $624,000.
The Revenge Trade: Instead of backing down, the whale doubled down during the early morning hours, adding another 30 BTC to its exposure. The wallet now holds 930 BTC (approximately $60.32 million) with an average entry price of $64,213 and a tight liquidation price resting at $65,306. Due to current spot price resilience, the trader is already sitting on an additional unrealized loss of $605,000.
Community Debate: With Bitcoin's spot price aggressively squeezing this whale's entry average toward the $65,306 liquidation mark, do you think the bulls will trigger a major Short Squeeze this weekend, or will the whale manage to recover?
Drop your bias below! 👇🔥
$BTC #BinanceSquare #bitcoin #whalealerts #ShortSqueeze #Liquidations
On-chain data monitor Ai Yi revealed major moves from a heavily pressured institutional trader. A large address holding a massive $102 million Bitcoin short position was forced to capitulate, closing out 700 BTC last night and locking in a net loss of $624,000.
The Revenge Trade: Instead of backing down, the whale doubled down during the early morning hours, adding another 30 BTC to its exposure. The wallet now holds 930 BTC (approximately $60.32 million) with an average entry price of $64,213 and a tight liquidation price resting at $65,306. Due to current spot price resilience, the trader is already sitting on an additional unrealized loss of $605,000.
Community Debate: With Bitcoin's spot price aggressively squeezing this whale's entry average toward the $65,306 liquidation mark, do you think the bulls will trigger a major Short Squeeze this weekend, or will the whale manage to recover?
Drop your bias below! 👇🔥
$BTC #BinanceSquare #bitcoin #whalealerts #ShortSqueeze #Liquidations