BTC Reclaims $106K Amid Massive Whale Long Position

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

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.

Such moves have been seen on multiple occasions in May and June.

Bitcoin took out ask liquidity on Friday as an unknown trader took out a giant leveraged long BTC position.

$255 million long puts Bitcoin whale in spotlight

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