The post Bitcoin Whale’s $29M Long Bets Hint at Potential Breakout Above $112K appeared on BitcoinEthereumNews.com.

COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → A major Bitcoin whale has entered two high-leverage long positions totaling $29 million at $111,658, signaling growing market confidence in a potential Bitcoin rally despite volatility. This whale activity near $111,800 suggests buyers are preparing for a breakout above $112,000. Bitcoin whale’s aggressive bets: A 40x long on 149 BTC ($16.65 million) and 10x long on 284,501 HYPE tokens ($12.49 million) indicate strong bullish sentiment. Current Bitcoin price hovers near $111,800, holding above key support at the 200-day moving average of $108,200. RSI at 48 shows neutral momentum with room for upward push; resistance levels at $112,400 (50-day MA) and $114,100 (100-day MA) could trigger short liquidations. Discover how a Bitcoin whale’s $29 million leveraged positions are fueling optimism for a price rally. Explore key supports, resistances, and market signals in this analysis. Stay informed on crypto trends today. What Drives the Recent Bitcoin Whale Activity? Bitcoin whale activity has intensified with a major address, 0xC50a, opening high-leverage long positions worth $29 million at an entry price of $111,658. This includes a 40x long on 149 BTC valued at…

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Filed under: News - @ October 26, 2025 12:27 pm