Lookonchain: Trader Shorts 1040 BTC After $1.23M Wins

Lookonchain tracked a trader who banked 23 consecutive winning BTC trades in three days for $1.23M before flipping into a fresh 20x short on 1,040 BTC worth $70M.

The position already shows an $874K unrealized loss with liquidation set at $70,084.9, highlighting the acute risks of 20x leveraged Bitcoin short positions when price action turns.

Hyperbot.network data confirms the streak and the new short, underscoring how on-chain monitoring now drives real-time BTC price prediction flows.

Price sits at $67,233.48 beneath both the EMA50 at $72,332.18 and EMA200 at $75,697.10, confirming the bearish structure while RSI at 26.16 signals oversold conditions inside the Bollinger Bands; the setup points to a probable bounce toward the lower band support near $65,019.88 before any sustained move lower or liquidation test.