After Bitcoin briefly dipped below $90,000, a strategic counter-position experienced a dramatic adjustment. Data shows that this address completed over $170 million in large-scale liquidations within just 1 hour, causing the position size to shrink significantly—from $350 million straight down to $180 million, a decrease of 48%.

Such whale liquidations often signal a turning point in market sentiment. When BTC hits a key resistance level, large holders tend to reduce their positions quickly, which may be a risk management move or a reflection of cautiousness about short-term market trends. For traders paying attention to market dynamics, changes in the holdings of these major addresses are always an important indicator of a market shift.