Whale: Closes BTC ETH Shorts for $1.77M Profit
Whale Evaded closed BTC and ETH shorts for $1.77M profit then opened $31.5M long positions in MSFT and ORCL at 10x leverage.
SourceAnalysis
Whale Evaded (@ICanPlug) closed its $BTC and $ETH short positions for a $1.77M profit before opening 41,400 $MSFT and 56,600 $ORCL long positions with 10x leverage valued at $31.5M.
Bitcoin price action shows a bearish trend structure with price at $73337.22 below both EMA50 at $75322.54 and EMA200 at $76775.85, while MACD registers a bullish golden cross at -714.5 and RSI sits neutral at 35.34 inside the Bollinger Bands. With price testing upper Bollinger resistance at $75959.8 while the 50-EMA support sits at $75322.54, a healthy retracement toward that level appears probable before any continuation. This whale rotation from BTC shorts into equity perps highlights shifting institutional flows that often precede moves in BTC price prediction models over the next six months.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses