Bitcoin: Whales Open $171M Longs Amid Drop
Bitcoin whales opened 2,031.58 BTC ($171M) longs on Hyperliquid in four hours despite market weakness, with price at $84268.12 holding above EMA50 support.
SourceAnalysis
Bitcoin whales opened fresh longs totaling 2,031.58 BTC worth $171M over the past four hours on Hyperliquid perps despite the broader market drop, according to on-chain data from @lookonchain.
Price sits at $84268.12 inside the Bollinger band with upper resistance at $87424.47. The 50-EMA at $82474.22 continues to act as immediate support while the 200-EMA at $77310.87 anchors the longer-term bullish structure. RSI at 52.43 remains neutral, yet the MACD death cross signals fading momentum, suggesting a healthy pullback toward the 50-EMA before any continuation higher in this BTC price prediction environment.
Lookonchain
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