The Bitcoin leveraged long momentum sees BTC prices of up to $ 106,500 and the late shorts are liquid.
Basic Points:
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Bitcoin aims to exit the narrow trading range upside down as the short positions can be blown.
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An unknown whale entity shows a giant leveraged long BTC position, which immediately retaliates the market.
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Such motions were seen on many occasions in May and June.
Bitcoin (Btc) Took the questioner of liquidity on June 20 while an unknown businessman took a giant leveraged long BTC position.
$ 255 million length puts bitcoin whale in spotlight
Data from Cointelegraph Markets Pro and Tradingview BTC/USD showed the nearby resistance that hit $ 106,500, up to 1.7% in the day.
Moving is sparking short liquids – something that Commentators are looking forward to While BTC/USD reached the day before.
Tracking resource Coinglass showed liquidity that has been replenished higher exchange order books.
Today, attention is focused on maintaining the uprising. As entrepreneurs began to note, an unknown creature suddenly disappeared at BTC with $ 255 million positions and 20X leverage.
There was only one person who went all $ Btc 👀
$ 255,000,000 in length
20x leverage at $ 104k
He knows! pic.twitter.com/bl88mh1cc0
– Merlin the entrepreneur (@merlijntrader) June 20, 2025
🐋 Breaking: A whale only opens $ 241 million $ Btc Long position with 20x leverage. pic.twitter.com/6wcikrqysd
– G. Whale (@mrwhalereal) June 20, 2025
While their motives have remained unknown, similar whale trading has influenced the market trajectory significantly in recent weeks.
A businessman specifically, Hyperliquid’s James Wynn, make headlines On some occasions with large -position – -le – – – – – – – – – closed with a significant loss.
BTC price is looking for a specific breakout of the range
A break from the narrow current trading coverage is meanwhile the missing outfit to decide traders to add or reduce exposure.
Related: Bitcoin’s top metric price with a 10-year record will remain ‘neutral’ at $ 112K
“There are many positions built on both sides in this range and clearly where the liquidity lies,” the famous businessman Daan Crypto Trades wrote in part of a X post During the day.
“Currently there is no place to take a trade on it but I will find a range of high or low sweep and monitor the reaction from that point. Higher timeframe $ 100K and $ 110K remains key for June.”
Both businessman Crypto Tony rewritten The $ 104,500 required to hold on weekly closely to secure the short-term bull case.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
