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Bitcoin Whale's Short Position Flips to $770K Profit as BTC Slips Below $76K

COINOTAG·August 23, 2026·1 min read
Bitcoin Whale's Short Position Flips to $770K Profit as BTC Slips Below $76K

Bitcoin slipped below $76,000, flipping a whale's BTC/ETH short positions to a $770K unrealized profit. COINOTAG's S/R engine flags key support and resistance levels. The price drop highlights ongoing volatility in the crypto market, with traders monitoring these levels for potential reversals or further declines.

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