Whale Enters Market: High-Leverage Bet on BTC Breaking Key Resistance
On January 15, on-chain data revealed that a major investor quietly established a long position in Bitcoin, using 25x leverage to acquire 93.08 BTC—worth approximately $8.98 million—at an average entry price of $96,391.2. The position has already generated a floating profit of around $10,000, suggesting a well-timed market entry.
Pattern of Frequent Trades Signals Aggressive Strategy
Further analysis shows the address has been actively opening and closing positions over recent days, indicating a high-frequency, high-risk trading approach. This behavior is typical of traders anticipating sharp market movements, reflecting heightened sensitivity among large players to Bitcoin’s near-term trajectory.
- Single-position value near $9 million highlights significant capital backing
- 25x leverage amplifies returns but also increases liquidation risk
- Price rise post-entry suggests strong market confidence
As Bitcoin edges closer to the $100,000 psychological threshold, such leveraged moves may signal increased positioning by institutions or大户, potentially fueling short-term momentum.