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🐋 WHALE WATCH: $3.4B in $BTC Longs are currently one bad candle away from extinction.
A $5000 drop from current prices triggers the largest liquidation event we have seen in months. The bulls are overextended and the funding rates are screaming for a flush.
I am still macro bullish but a sweep of these lows would be the healthy reset needed before the next leg up to $100k.
Watch the $74200 level closely.