
CrediBULL Crypto|May 24, 2025 19:19
An update on everyone's favorite whale and my thoughts on LTF BTC PA to go with it:
After taking partial profits Mr. Wynn re-opened the position higher up and added on even more size.
Position is now at 1.2B with a liq price of 105k.
Taking a look at the BTC chart:
The green zone at 107-108k must hold for the 1.2B position to avoid liquidation. Lose it, and my bet is we will make a move down to the next area of interest at 105k and trigger the whales liquidation.
Bulls want 107-108k to hold for another crack at the highs, bears want us to lose this zone to trigger a move down to 105k and potentially trigger a larger liquidation flush.
If 107-108k DOES hold, then would expect our rally to continue and new ATH to be met shortly after...
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