Bitcoin: Trader 0x12C2 Nets $658K on 50x BTC Long
Bitcoin trader 0x12C2 holds $658K unrealized profit on 50x long of 50 BTC ($3.99M) via Aster_DEX for 825% return at $79127.45.
SourceAnalysis
Trader 0x12C2 opened a 50x long on 50 BTC ($3.99M) on Aster_DEX and now holds $658K unrealized profit for an 825% return as Bitcoin trades at $79127.45. Price tests upper Bollinger resistance at $80444.59 with RSI(14) neutral at 54.05, pointing to probable retracement toward EMA50 support at $76629.22 inside the bullish structure above EMA200 at $69613.29 despite MACD death cross, shaping BTC price prediction models while sidestepping crypto market crash signals and reflecting AI industry impact on leveraged derivatives.
Lookonchain
@lookonchainLooking for smartmoney onchain