Bitcoin: Whale Closes $100M Short for $5.28M

Bitcoin whale wallet 0xcf9 closed a 763 BTC short position worth $100.15M for a $5.28M realized profit, exiting at $62,314 after holding since June 2 when it entered at $68,859.

Price action now sits at $62848.97 inside the Bollinger Bands with upper resistance at $64320.07 and lower support at $61668.73 while the EMA50 at $62346.16 acts as immediate structural support against the EMA200 at $64079.74; the MACD death cross at -37.55 signals fading momentum even as RSI at 51.74 stays neutral, pointing to a likely test of the 50-EMA before any sustained move higher in ongoing BTC price prediction scenarios.