Bitcoin Whale: Opens $73.76M Short Position

Bitcoin whale opened a combined $73.76M short position across 1,002.5 BTC at 40x leverage and 89,695.7 SPCX at 10x leverage, setting liquidation levels at $62,071.8 for BTC and $162.79 for SPCX according to on-chain data from June 26 2026.

Over the past six months Bitcoin price action has repeatedly respected the EMA50 as resistance during bearish phases, and the current 4h structure places price at $59,813.72 beneath both the EMA50 at $62,450.42 and EMA200 at $67,300.8 while the MACD death cross at -958.59 keeps downside pressure intact; with RSI at 37.65 still neutral and price inside the Bollinger band, the whale’s liquidation zone at $62,071.8 aligns precisely with that EMA50 resistance, raising the probability of a test of lower band support at $58,651.96 before any relief rally in ongoing BTC price prediction models and crypto leverage trading flows.