Latest Update
8/12/2026 12:53:00 AM

Bitcoin: Four Wallets Short $340M BTC at $64K

Bitcoin: Four Wallets Short $340M BTC at $64K

Bitcoin sees four wallets open $340 million shorts near $64,000 while 4h chart shows EMA50 resistance at $64,352 and MACD death cross.

Source

Analysis

Four wallets opened coordinated short positions worth $340 million in BTC at prices between $63,999 and $64,418 over recent days, with the largest at 1,792 BTC. BTC trades at $63,748.85 beneath the EMA50 resistance of $64,352.11 and just above the EMA200 at $63,744.63. The MACD death cross at -261.3 keeps trend strength bearish while RSI at 39.25 leaves room for further downside before oversold conditions appear. Price remains inside the Bollinger Bands, so a move toward lower support at $63,269.94 aligns with the clustered short entries and current BTC price prediction setup amid elevated crypto market volatility.


余烬

@EmberCN

Analyst about On-chain Analysis