Bitcoin Slips Below $61,000 as Whale Exits 800 BTC Long at $1.26M Loss
Bitcoin fell below $61,000 after a major whale closed an 800 $BTC long position valued at roughly $48.8 million, locking in a loss of about $1.26 million. The exit added to bearish pressure in the market, as traders also weighed ongoing concerns around liquidity conditions and broader macroeconomic uncertainty.
Right now on Binance, $BTC/USDT is trading at $59,331.10, down about 3.4% over the last 24 hours. Today’s high was $61,962.40 and the low was $58,115.01.
#bitcoin #HormuzStraitShips20MBarrelsDaily #BNB
Bitcoin fell below $61,000 after a major whale closed an 800 $BTC long position valued at roughly $48.8 million, locking in a loss of about $1.26 million. The exit added to bearish pressure in the market, as traders also weighed ongoing concerns around liquidity conditions and broader macroeconomic uncertainty.
Right now on Binance, $BTC/USDT is trading at $59,331.10, down about 3.4% over the last 24 hours. Today’s high was $61,962.40 and the low was $58,115.01.
#bitcoin #HormuzStraitShips20MBarrelsDaily #BNB