Binance Futures Smart Money Account Sees Significant Losses

Binance's futures smart money account has seen significant losses, with ESP bull topping the 3D loss leaderboard at $2.4 million in unrealized losses across 94 positions.

The largest drawdown comes from a long position in BTC, which is suffering a $4.05 million loss alongside holdings in CTSI, ON, US, and ACX.

However, XRP has provided some relief with a profit of $2.09 million.

The current price of BTC sits at $64,075.28, below the EMA50 resistance at $44,418.09 but above the EMA200 support at $63,910.91.

The MACD golden cross is signaling a momentum shift within Bollinger bands bounded by $65,394.76 and $62,960.74.