BTC Whale 0x2117: $6.18M Short Liquidated

BTC whale 0x2117 absorbed four consecutive partial short liquidations over the past 24 hours, shedding 97.99 BTC worth $6.18M and booking a $298.75K realized loss.

The address retains a 67.98 BTC position valued at $4.26M on 40x leverage, now underwater by an additional $179.22K with liquidation only $902 above spot.

Price action at $62710.77 sits inside the Bollinger band with upper resistance at $63761.11 while the 50-EMA at $61369.39 offers immediate support and the 200-EMA at $64552.63 caps the longer-term trend; the MACD golden cross at 732.47 keeps the structure bullish and RSI at 61.69 leaves room before overbought conditions, suggesting any push through the upper band could trigger the final liquidation before a measured retracement to the 50-EMA.