Bitcoin Whales' Collective Long Positions Total $86.2M
Bitcoin whales are holding combined long positions of 1,364 BTC worth approximately $86.2 million on Hyperliquid.
The liquidation prices for these positions are set at $61,079.4 and $61,096.7, according to on-chain data from @lookonchain.
At the time of writing, Bitcoin's price sits at $63,095.97 within Bollinger Bands bounded by $64,441.14 resistance and $62,174.94 support.
The technical indicators show that EMA50 stands at $63,799.9 and EMA200 is at $63,754.6, representing overhead resistance in the prevailing bearish trend.