0x66f8: Largest BTC Short Hits $136M
0x66f8 holds 2,136 BTC short at $136M with entry $63,851 and liquidation $64,595 as Bitcoin tests key 4h levels.
SourceAnalysis
0x66f8 added to its position, pushing the BTC short to 2,136 BTC worth $136M, the largest on-chain Bitcoin short position tracked.
Entry sits at $63,851 with liquidation at $64,595 while price action on the 4h chart shows a bearish trend structure as BTC trades at $63799.63 below the EMA50 resistance at $64178.01 and EMA200 support at $63718.85, MACD death cross at -240.29 confirming downside momentum, and price inside Bollinger bands with upper resistance at $64968.79 and lower support at $62975.96, pointing to exhaustion at upper bands before any retest of the 50-EMA confluence.
The Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)
Premium Sponsors
.jpg)