Bitcoin grabs $106K liquidity as whale longs BTC with $255M

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDIvMDE5NTNkZDMtY2JlOS03ZWI3LTkwN2MtZGVmOThmMjdkMDZi-3

Bitcoin sees a giant leveraged long liquidate late shorts, but is it enough to spark the BTC price range exit that traders have wanted?

Key points:

Bitcoin seeks to exit its narrow trading range to the upside as short positions are liquidated.

An unknown whale entity reveals a giant leveraged long BTC position, with the market reacting immediately.

Read more