Lookonchain: 0x4b62 Loses $15.45M on BTC Shorts
Lookonchain reports trader 0x4b62 suffered six liquidations totaling 199.83 BTC worth $15.45 million on Hyperliquid Bitcoin shorts as price rebounded above $78,000, leaving a remaining 70.99 BTC short with liquidation at $78,192.79.
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Lookonchain flagged that gambler 0x4b62 took six consecutive liquidations on a BTC short over two hours after price reclaimed $78,000, wiping out 199.83 BTC ($15.45M) on Hyperliquid perps. The address still carries a 70.99 BTC ($5.5M) short now marked for liquidation at $78,192.79.
Price sits at $77,951 inside the Bollinger band with upper resistance at $78,742 and lower support at $76,462. The structure remains bearish beneath the EMA50 at $78,469 and EMA200 at $80,819, yet MACD has printed a golden cross while RSI at 51.54 stays neutral, suggesting any push into the upper band likely meets selling before a test of the 50-EMA support.
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