🚨 WAKE UP WHALE! 🐳 BET $255 MILLION LEVERAGED ON #BITCOIN : HEADING TOWARDS $130K OR EPIC LIQUIDATION? 🤯💸
📢 Bitcoin ($BTC ) removed sell liquidity on Friday after an unknown whale revealed a massive LONG leveraged position of $255 MILLION DOLLARS! 🐳💰 With a 20x leverage at an entry price of $104,000, the market reacted immediately, pushing the price above $106,500 in a move that liquidated short positions! 💥
Who is this mysterious player with such conviction (or perhaps recklessness)? 🤔 While their motives are unknown, similar whale trades have had a significant impact on market direction in recent weeks. 🚀
Traders were precisely waiting for a breakout from this range to decide whether to increase or decrease their exposure. Daan Crypto Trades pointed out that liquidity has accumulated on both sides of the range and will be watching for a sweep high or low to assess the market's reaction. Key levels for June remain $100,000 and $110,000 on higher time frames. Crypto Tony reiterated the importance of holding $104,500 at the weekly close to secure a short-term bullish trend.
Now the big question is: is this massive whale bet a sign that #BTC is ready for a parabolic rise to new highs, or is it a high-risk play that could result in an epic liquidation if the market moves in the wrong direction? 🎢 Only time (and the order book) will tell.
🤔 Do you think this is a reliable signal that BTC will finally break its range and head towards $130,000 or more? 👇💬
