Bitcoin at $76,440: whale positions and options strikes converge in narrow range
- —Key risk range for whales is $76,000-$77,750
- —20 new addresses with positions of $1 million or more: 12 longs and 8 shorts
- —New longs total $30.75 million, shorts $25.64 million
- —Options max pain is around $76,500, less than 0.1% from the price
Why it matters: The convergence of whale, options and liquidation levels makes the $76,000-$77,750 range a zone of heightened volatility after the Fed decision.
Source: TokenPost