BTC Whale: Adds $1.81M Loss Shorting Bitcoin

BTC whale with $125 million short position cut another 200 BTC on the latest bounce, booking a $243,000 loss and pushing total realized losses to $1.81 million.

Remaining 312 BTC position worth roughly $20.2 million now sits underwater by $368,000 with liquidation at $65,078 after BTC briefly cleared $65,000.

Price action at $64,815.69 tests the upper Bollinger Band resistance at $64,824.7 while RSI(14) at 71.64 signals overbought conditions inside a bullish EMA structure; a retracement toward the 50-EMA support at $63,750.91 offers the next logical confluence zone before any sustained continuation higher.