That’s $2.35 BILLION in exposure betting BTC goes down.

Liquidation price? $123,270— way above current levels, meaning this whale's not expecting a moonshot anytime soon.

What does this tell us?

📉 Smart money is positioning cautiously — or maybe playing volatility.

🧠 Could be a hedge, could be a signal — either way, size like this moves markets

👀 Watch how retail reacts… and how price behaves around key resistance zones.

One thing’s clear: the big players aren’t sleeping on this range.

$BTC