Whales: $148M BTC ETH Leveraged Longs Despite Sales
Whales open 40x BTC and 10x ETH longs worth $148M as Strategy sells BTC, with BTC at $63302.93 showing neutral RSI on 4h chart.
SourceAnalysis
Lookonchain flagged three anonymous wallets opening aggressive leveraged longs totaling $148.7M even as Strategy offloads BTC.
0x15a4 entered a 40x long on 1,000 BTC worth $63.8M, 0xe069 added a 20x long on 470.4 BTC for $30M, and 0x7fba took a 10x long on 30,627 ETH valued at $54.9M.
Over the past year whale positioning has repeatedly front-run retail flows during consolidation phases, and these fresh derivatives bets arrive while BTC trades inside its Bollinger Band at $63302.93 with EMA50 support at $62081.32 acting as the key floor. With price testing upper Bollinger resistance at $63928.41 while RSI sits neutral at 56.63 and MACD prints a death cross, a healthy retracement to the 50-EMA support at $62081.32 looks probable before any continuation higher, keeping the BTC price prediction range-bound near current levels absent a macro catalyst. Traders watching for crypto market crash signals note the leverage here remains isolated rather than broad-based, limiting immediate downside risk from forced liquidations.
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