Bitcoin Whale Adds 1,000 BTC to $131M Long as BTC Price Eyes Recovery

Bitcoin faces continued market uncertainty after a major trader increased his leveraged long exposure despite recent selling pressure. Meanwhile, analyst Ardizor warns that the BTC price rejection at key resistance confirms a potential bull trap. Market attention is shifting toward important support levels as traders watch for signs of accumulation and a possible recovery. Bitcoin is facing renewed market uncertainty after a major leveraged trader increased his exposure despite recent selling pressure. According to Lookonchain, trader AguilaTrades added another 1,000 BTC to his existing long position. The addition brings his total exposure to 2,000 BTC through a 40x leveraged position. Lookonchain valued the position at approximately $131.13 million and reported $3.87 million in unrealized profit. However, the position carries a liquidation price of $62,140.49.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.