Bitcoin Traders Eye Key Price Zones as Market Remains Uncertain
Bitcoin traders are watching two key events as they navigate the uncertain market. Strategy-linked wallets transferred 1,030 BTC worth $66.14 million to another wallet, raising questions about large holders' intentions.
The timing of the transfer is unclear, with some speculating it could be a sign of caution from these big players.
A new wallet opened a massive leveraged short position on Bitcoin using Hyperliquid, with a liquidation price of $64,888.97 - close to current prices.
Meanwhile, whale activity has increased on Binance, with the Binance Whale Inflow Ratio reaching 0.52, its highest level in four months.