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Massive Order Power: Nearly $200 Million Short Positions Precisely Executed, BTC Drops Over 1%
Early this morning, as BTC faced resistance at high levels, two large short orders consecutively pushed the market:
-03:56, $56.12B, totaling 1,564 BTC, order price
$76,200
-05:02, $77.65 million, totaling 1,018 BTC, order price
$76,230
As of press time, the power of these massive orders has become evident, with BTC dropping over 1%, and the unrealized profit of these short positions approaching $1.7 million.
Note, the impact of large orders is not limited to this: if these short positions exit with the same volume in the future, a large influx of buy orders could flood into the market, potentially triggering a quick short-term rebound in BTC. #BTC
Brother, how do you train your mindset to stay so steady?