BTC Whale: $1.54M Loss on 1600 BTC Short

BTC whale opened 40x leveraged short on 1,600 BTC ($102 million) two days ago and has now lost $1.54 million after repeated stop-outs during the rebound.

Position saw 700 BTC ($45.6 million) liquidated across multiple triggers, leaving 900 BTC short ($58.66 million) with updated liquidation at $64,998.

Technical Confluence: Price at $64,870.46 holds above EMA50 support at $64,127.75 while pressing upper Bollinger resistance at $65,047.72, MACD golden cross at 255.04 reinforcing bullish structure and RSI at 60.48 allowing further upside before any pullback to EMA200 at $63,652.97.