Bitcoin: Trader Opens $102M Short at $64,202
Bitcoin trader deposits 2.44M USDC for 1,600 BTC short worth $102.6M at 40x leverage, entry near $64,202 with liquidation at $64,889.
SourceAnalysis
Bitcoin faces a fresh $102.6M short from a new wallet that deposited 2.44M USDC to open 1,600 BTC at 40x leverage near $64,202, with liquidation pinned at $64,889.
Price action on the 4h chart shows BTC at $64030.05 inside the Bollinger band with upper resistance at $64643.76, while EMA50 at $63802.13 and EMA200 at $63648.09 act as layered support beneath current levels and MACD golden cross at 168.59 keeps the structure bullish despite neutral RSI at 54.94. This tight liquidation zone leaves little margin for error on the short side and could accelerate moves toward the upper band if bids hold the 50-EMA, shaping near-term BTC price prediction scenarios that traders now weigh against risks of crypto market crash or limited AI industry impact on flows.
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