Big Bitcoin Buy Alert: Whale’s $198M Position Signals a Shift

A whale opened a $198M long position, signaling strong bullish confidence.

Bitcoin trades at a historic support, known for triggering major rallies.

Short liquidations and rising buying volume suggest growing upward momentum.

A massive Bitcoin — BTC, bet had jolted the market awake. One Hyperliquid whale dropped $198.11 million on a long position very confidently. Traders have started paying attention. Bitcoin climbed 1.42% over the last 24 hours—not a wild jump, but enough to raise eyebrows. More importantly, the coin now trades within a support zone that has sparked major rallies in the past. The setup feels familiar, but the stakes look bigger than ever.

Big Bet, Big Pressure—Bulls Step In

Bitcoin has dipped into a historically powerful support zone, one that’s known for triggering major moves. Over the past month, the price approached this level for the fifth time. Every previous touch set off strong rallies. Many believe another bounce could send the asset soaring past $150,000. That $198.11 million position isn’t just a random gamble. It’s already sitting on $5.99 million in unrealized profit. The whale behind this bet also paid $142,110 in funding fees—an expensive signal of belief in a major breakout. Traders across the derivatives space are backing this narrative.

Buying volume clocked in at 1.035, meaning more buyers than sellers have entered the scene. That kind of imbalance often tips the scale toward upward movement. Meanwhile, the Accumulation/Distribution indicator reflects steady buying behavior. Roughly $4 million worth of Bitcoin has quietly moved into trader hands. These buyers aren’t chasing hype—they’re loading up with purpose. The Money Flow Index adds more fuel to the fire. At 59.26, it signals healthy capital flowing into the asset. Liquidity might’ve dipped slightly, but buyers are clearly using the opportunity to stack positions during the lull.

Shorts Take a Hit, Rally Odds Rise

Short sellers are starting to feel the heat. Over $56.41 million worth of short contracts have been wiped out recently. Compare that to just $13.25 million in liquidated longs. That kind of gap points to growing pressure against bearish bets. Funding Rate offers another clue. Sitting at 0.0098%, this rate means long traders are covering the cost to keep positions open.

That level of commitment often suggests confidence in an upcoming surge. All this data paints a strong bullish picture. A historic support zone, massive accumulation, heavy short liquidations, and a record-setting whale position all point in the same direction.

Still, one piece of the puzzle remains: sentiment. As long as buyers keep their grip and momentum stays alive, Bitcoin may not just rise—it could take off like a rocket. One thing's clear—this whale didn’t just make waves. That move may have triggered a tidal shift.