BTC Whale: $1.56M Losses on $1.25B Short

BTC whale with $1.25 billion short position reduced exposure by 1200 BTC this morning, booking $344000 loss plus $245000 liquidation hit, pushing cumulative realized losses past $1.567 million since August 5 while still holding 512 BTC shorts at $338000 unrealized loss.

Price sits at $64204.62 inside bullish structure with EMA50 support at $63661.76 and EMA200 at $63741.51, momentum MACD showing golden cross at 187.02 while RSI at 63.58 leaves room before overbought; upper Bollinger band at $64388.66 now acts as immediate resistance, suggesting any extension higher risks quick pullback to the 50-EMA confluence before continuation.