> 📊 Whales Are Closing BTC Shorts – Smart Money Rotation or Just a Breather?
Over the past 24 hours, we’ve seen significant short closures across major pairs — most notably in BTC and ETH. According to Binance Futures data, millions of dollars in short positions were liquidated or manually exited by high-volume traders.
What’s happening?
BTC recently lost its $113K (USDT) support zone after sustained selling pressure. Interestingly, just as the price tested that key level, several whales began closing their shorts — not reversing, but exiting.
➤ This could mean two things:
1. They’re satisfied with current profit margins after the recent dump.
2. They're anticipating temporary stability or even a small relief rally.
However, there’s no major long accumulation yet. The funding rate still reflects neutral-to-slightly-negative sentiment. So don’t expect fireworks — just yet.
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🧠 What I’m Watching:
$110,000 is the line in the sand — a breakdown here could trigger stop hunts into the $105K–$107K zone.
If BTC consolidates here and funding flips, we might get a short squeeze scenario.
BNB also lost momentum under $740, and altcoin pairs are still showing weakness.
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📌 My Strategy:
No leverage for now.
Monitoring volume on BTC and ETH at current levels.
Looking to re-enter via small DCA if we hold structure.
Remember, when whales close shorts, it’s not always bullish. Sometimes, they just prefer to wait and re-enter with better positioning.
Stay patient. Smart money always is.
#Bitcoin #BTCanalysis #CryptoNews #Write2Earn #WhaleTracking
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