Long-term short-selling whale takes action again: If BTC falls to $55,125, it plans to buy 50 BTC
Market major player dynamics: According to the latest data, a whale (address: 0x5d2f4) who has been short-selling Bitcoin for a long time has set several key price ranges in its limit buy orders: if BTC falls to $55,125, it plans to buy 50 BTC; if it falls to $53,525, buy 50 BTC; if it falls to $50,525, buy 100 BTC.
Whale operation review: This whale previously entered a short position of 499.91 BTC with 20x leverage when the BTC price reached $111,499.3. Currently, it has made a profit of $10,001,400 through funding rate settlement.
The operations of such whales may have a significant impact on market sentiment. Will the market reverse, and can the whale's limit orders be triggered? Keep an eye on subsequent price fluctuations and these key support levels!
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