Latest Update
8/28/2026 3:01:00 AM

Trader 0x004e: Closes BTC Short for $48K Profit

Trader 0x004e: Closes BTC Short for $48K Profit

Trader 0x004e books $48K BTC profit after $5.3M losses on 17 straight shorts; current price sits at $79217.67 with EMA50 support at $76632.75.

Source

Analysis

Trader 0x004e finally booked a $48K profit on a BTC short after dropping $5.3M across 17 consecutive losing shorts on BTC and ETH. BTC price action at $79217.67 shows a bullish trend with price holding above the EMA50 at $76632.75 and the EMA200 at $69614.18; the RSI(14) at 54.8 remains neutral while the MACD registers a death cross at 727.56, and price trades inside the Bollinger Bands with upper resistance at $80448.44 and lower support at $77986.48, suggesting a healthy pullback toward the 50-EMA before any continuation. This outcome shapes fresh BTC price prediction models, tempers crypto market crash narratives, and underscores AI industry impact on real-time wallet tracking.


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