Bitcoin Whale: Faces $15M Short Losses

A prominent Bitcoin whale, known as pension-usdt.eth, opened 3x leveraged short positions on $1.1 billion worth of BTC and ETH early this month at perceived price bottoms, only to watch the market rebound sharply through April. As we hit month-end, these bets have racked up floating losses of $15.25 million, with the whale shorting 1,000 BTC at $67,992—now bleeding $10.57 million and facing liquidation at $99,394—and 20,000 ETH at $2,132, down $4.68 million with a liquidation price of $3,400. This move unfolds on Hyperliquid, a decentralized perp trading platform where liquidation mechanics can wipe out positions swiftly if volatility spikes, echoing the whale's past aggressive trades that have drawn scrutiny in crypto market crash scenarios.

Zooming into the 4-hour BTC chart, price action screams bullish conviction as it tests the upper Bollinger Band resistance at $78,867.75 while the MACD prints a golden cross at 369.68, signaling sustained upward momentum. With the RSI at 66.08 hovering neutral but leaning overbought, and price well above the EMA50 support at $77,092.73—itself reinforced by the EMA200 at $73,658.66 as a deeper floor—expect a potential pullback to that 50-EMA level before buyers pile in for another leg higher, especially if broader hype around Bitcoin integrations with projects like TAO fuels the rally. This confluence points to resilient BTC price prediction upside, pressuring shorts like this whale's in an environment where perp trading on platforms like Hyperliquid demands razor-sharp risk management.