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View MoreETH Bullish whale reluctantly closes position after holding for two months, ending with a $9.63 million loss on a $120 million position
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Analysis: Bitcoin is attempting to initiate a counter-trend rebound, indicating a potential shift in market momentum. Investors should watch for confirmation signals and consider the current support levels to assess whether the upward movement can be sustained. The recent price action suggests a possible reversal from the recent lows, but caution is advised as the overall trend remains uncertain. Keep an eye on key technical indicators and news developments that could influence the market direction.
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Loracle's weekly profit is 11.5 million, with assets increasing sixfold monthly. It is currently the largest long on-chain HYPE and the largest short on BTC.
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