BTC Whale 0xebe Opens $49.55M Long After $3.4M Loss

BTC whale address 0xebe lost more than $3.4M on an earlier long and immediately opened a fresh 812.46 BTC (5x) long valued at $49.55M that already shows a $260K unrealized deficit.

Over the past twelve months similar leveraged resets by large addresses have repeatedly coincided with short-term range compression rather than outright reversals. The current 4h structure shows price at $61548.31 inside the Bollinger band with upper resistance at $64242.29 and lower support at $60659.71; the EMA50 at $64064.68 continues to act as dynamic resistance while the EMA200 at $71344.01 remains the longer-term ceiling. RSI at 42.97 sits neutral and MACD at -523.46 confirms the death cross, so any bounce into the upper band is likely to meet supply before a test of the EMA50 confluence.