Bitcoin whales play smart or play? 110 thousand dollars, looks suspicious floor star-news.press/wp

Main meals

Bitcoin keeps the decisive support of $ 110,000, attracting long jobs of whales using a high crane. Strategic sites or risk -fraught transcendence?

Bitcoin (BTC) decreased by 4.26 % of its local height of $ 120,000, which is now sitting in a main turning area. This is where traders begin to follow the bottom, creating a setting that can lead to short pressure for the textbook.

But PERP market data indicates a crowded trade. More than 70 % of the open attention to Bitcoin is long deviant. Meanwhile, whale to open It is 45 million dollars at 40x Finance lever about 112,854 dollars.

This puts the situation about 1.28 % in profit. Since then, more size accumulates with similar influence. Do these revolutions know something that the rest does not know, or do they accumulate in the trap of liquidity?

The deep pockets are betting greatly while the market is frequented

The market turns on the risks again, with only 3.5 % BTC file over the main display wall of $ 110,000. With immediate cooling, the derivatives take the lead position, and the risks only rise.

Despite the withdrawal by 4.26 %, the combined OI of BTC increased from 79.56 billion dollars to 79.70 billion dollars, indicating that the leverage is still sticky. In addition to the +046 % financing rate, the PEP market remains a long deviant.

Whales press the tender. Lookonchain A mark has been placed It is $ 3.4 million with a liquidation at $ 112,644, still in green.

This is another sign that the big players have directional condemnation during the market interruption.

Source: Coinglass

Usually, when the early length is in a profit, it nourishes imitated locations. 60 % deviation Reflect This herd behavior. But in a high market, it is not only about the size of the position, but rather the intention.

Simply put, this type of move can either mark the first station of the long “coordinated” pressure, or a well -timing trap, as it volunteers only excessive to relax in the liquidity scanning process.

Bitcoin whales take advantage of thin books to make slip

It emphasizes the depth of the application book on a thin banana The immediate market. Liquidity aspect of purchase (green side) is shallow, with no main display walls that provide support. In contrast, the orders of the sale side (the red side) are more accumulated.

According to Ambrypto, this imbalance creates perfect conditions for whale exploitation. With some profit already over a long period, even a small wave of pressure pressure can cause severe slide due to shallow offers below.

Once Bitcoin pushes these low liquidity pockets, it puts a major chance of whales to re -download on the cheap, all during a retrospective of the margin.

Source: binance

In the current market conditions, long, long -term locations should not be mistaken due to his pure upscale convictions. Instead, it can reflect the calculated liquidity play.

As the demand for the Bitcoin spot, it seems like a profit preparation from fluctuations.

Unless the walls of deep bids accumulate soon, the $ 110,000 BTC floor can be tested, not from the sale of panic, but one of the whales that revolve after a short period after the attraction.

It is a mechanical of classic liquidity microorganism – something to keep it on your radar.