0x66f8: BTC Short Expands to 2,136 BTC ($136M)
0x66f8 grows largest on-chain BTC short to 2,136 BTC ($136M) with $64,592.3 liquidation as 4h chart shows bearish EMA and MACD signals.
SourceAnalysis
0x66f8 added to his BTC short, now the largest on-chain position at 2,136 BTC worth $136M with liquidation at $64,592.3.
Price sits at $63,614.04 beneath the EMA50 resistance of $64,184.14 while MACD prints a death cross at -278.05; with RSI neutral at 42.07, BTC price prediction models flag risk of a swift test of lower Bollinger support at $62,916.96 before any bounce.
Lookonchain
@lookonchainLooking for smartmoney onchain
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