Lookonchain: Whale Closes $4.4M BTC Shorts, Opens New 20x Bets

Lookonchain tracked a whale that closed 20x leveraged shorts on BTC, ETH and SOL four days ago for a $4.4M profit and immediately opened new 20x shorts totaling 912.9 BTC ($54.55M) plus 10,025 ETH ($15.65M) on Hyperliquid.

Price action on the 4h chart shows BTC locked in a bearish trend with price below both the EMA50 at $62334.13 and EMA200 at $67235.17 while the MACD death cross at -968.08 reinforces downside momentum; with price pressing the upper Bollinger Band resistance at $63738.18 and RSI at 40.08 still neutral, a swift rejection toward the lower band support at $58475.34 appears the highest-probability path before any relief rally, sharpening near-term BTC price prediction models toward further crypto market crash risk.