Bitcoin: Whale Closes $11.6M BTC Long Positions
Bitcoin whale closes two $BTC longs for $11.6M profit after two months at $80804 levels, with technical confluence on 4h chart.
SourceAnalysis
Bitcoin whale addresses 0x5FA92137445B8cAA21a85a4B69156B7Fc40C3C83 and 0x237152b038d88f4156a0cd71090462de7e3f0883 closed long positions one hour ago, locking in $11.6M after nearly two months.
Price action at $80804.03 tests upper Bollinger resistance at $80344.66 while RSI(14) at 76.98 signals overbought conditions and MACD shows a death cross; a healthy retracement toward EMA50 support at $73678.51 appears probable before continuation. This exit shapes near-term BTC price prediction models and reduces immediate crypto market crash tail risks.
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