#BTC110KSoon?

Whale Trade and Bitcoin Surge

A new whale wallet opened a $54.5 million long position on Bitcoin at $106,538, as Bitcoin approaches $108,000 amid positive US-China trade talks. The wallet, created today, holds 511.5 BTC and has already gained over $11,000. Speculations suggest it may belong to trader James Wynn, who previously faced significant losses. Analysts predict Bitcoin could reach a new all-time high within 1–2 weeks, citing similarities with recent gold and S&P 500 breakouts. Market sentiment is bolstered by easing trade tensions, with some analysts forecasting Bitcoin could exceed $150,000 by year-end, potentially increasing the whale's profit to $22.5 million.