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Bitcoin Hits $110,000 on Whale Activity and Trade Optimism

Bitcoin Hits $110,000 on Whale Activity and Trade Optimism

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Bitcoin Hits $110,000 on Whale Activity and Trade Optimism
Bitcoin breaks $110,000

Bitcoin (BTC) surged past $110,000 on renewed optimism around global trade and aggressive positioning by crypto whales — reigniting bullish momentum across the digital asset market.

As of late Monday evening, Bitcoin traded around $109,500, after touching an intraday high of $110,290, according to the latest data. The move signals a key breakout as bulls look to reclaim all-time highs set earlier this year.

What’s Driving Bitcoin Higher?

1. U.S.–China Trade Optimism

  • Hopes of improved U.S.–China relations sparked a wave of risk-on sentiment across global markets.
  • Traders interpreted recent diplomatic signals as easing geopolitical risk — a bullish backdrop for crypto.

2. Whale Activity Signals Confidence

  • A massive whale placed a 20× leveraged long using $10 million USDC, opening a $250 million BTC position.
  • That single bet has already returned nearly $5.87 million in unrealized profit, according to Hyperliquid blockchain data.
  • Another whale opened an $84.5 million long position shortly after, echoing strong institutional sentiment.

3. Short Liquidations Fuel Momentum

  • Over $182 million in short positions were liquidated in just four hours as BTC ripped through $110K.
  • In total, $438 million in liquidations occurred across all assets in 24 hours — adding rocket fuel to Bitcoin’s breakout.

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