Lookonchain: 1600 BTC Short Trader Closes 500 BTC

Lookonchain flagged that the persistent 1600 BTC short trader closed another 500 BTC worth $32.58M to dodge liquidation, bringing cumulative losses above $1.5M while the remaining 900 BTC position valued at $58.6M now carries a new liquidation threshold of $64,998.73.

BTC trades at $64825.55 inside its Bollinger Bands with price pressing the upper resistance at $65039.02 and the 50-EMA support anchored at $64125.99; the MACD golden cross at 251.46 keeps the broader 4h structure bullish yet the neutral RSI at 59.61 suggests limited room before a healthy pullback tests that EMA50 level ahead of any further upside continuation.