Whale Evaded: Closes $ZEC $BTC Longs, Opens $71M Short
Whale Evaded closed $ZEC and $BTC longs at $4.83M loss then opened 940 $BTC short at 30x leverage worth $71M, total losses exceed $3.69M as BTC trades at $75912.
SourceAnalysis
Whale Evaded closed its $ZEC and $BTC long positions at a loss of $4.83M. Shortly after, the trader opened a new 940 $BTC short with 30x leverage valued at $71M, pushing overall losses above $3.69M. On the 4h chart BTC sits at $75912.0 inside a bearish structure where EMA50 at $77060.74 and EMA200 at $77304.63 cap upside while MACD death cross at -168.69 confirms momentum weakness; price hugging the lower Bollinger band near $75829.99 signals exhaustion that aligns with fresh leveraged shorts and fuels updated BTC price prediction models, crypto market crash scenarios, and Bitcoin volatility analysis for institutional desks.
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