Bitcoin price slips below $63K as whale builds $125M short

cryptonews20:39

Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2659314153?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-14 20:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2659314153","market":"sh","top_or_hot":-1,"title":"Bitcoin price slips below $63K as whale builds $125M short","media":"cryptonews","content":"<div>\n<p>Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone.\n\n...</p>\n\n<a href=\"https://crypto.news/bitcoin-price-slips-below-63k-whale-builds-125m-short/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin price slips below $63K as whale builds $125M short</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin price slips below $63K as whale builds $125M short\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-14 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/bitcoin-price-slips-below-63k-whale-builds-125m-short/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone.\n\n...</p>\n\n<a href=\"https://crypto.news/bitcoin-price-slips-below-63k-whale-builds-125m-short/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKB","symbol_name":"比特币ETF-21Shares","start_time":0,"source_url":"https://crypto.news/bitcoin-price-slips-below-63k-whale-builds-125m-short/","article_id":"2659314153","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/bitcoin-price-slips-below-63k-whale-builds-125m-short/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2659314153","pubTimestamp":1786711174,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone.Bitcoin price fell below $63,000 and approached its lower daily Bollinger Band at $62,507.A whale increased a Bitcoin short to 1,900 BTC, worth about $125 million.The 4-hour Supertrend remains bearish, while the Chaikin Money Flow stands at -0.08.Liquidation clusters sit near $62,200 below the price and between $64,000 and $64,700 above it.Bitcoin price action today points to seller control. According to data from crypto.news, Bitcoin  price was trading near $62,772 at the time of writing, down 1.13% since the daily open at $63,491. The price had reached a session high of $63,617 before falling as low as $62,700 on Binance.Bitcoin price daily chart — Aug. 14 | Source: crypto.news. Strategy added to the cautious mood earlier in the week when it disclosed the sale of 1,690 BTC for nearly $109 ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKB":"比特币ETF-21Shares","HODL":"比特币ETF-VanEck","FBTC":"比特币ETF-Fidelity","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","BITU":"2倍做多比特币期货ETF-Proshares","DEFI":"比特币期货ETF-Hashdex","EZBC":"比特币ETF-Franklin","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","SBIT":"2倍做空比特币期货ETF-Proshares","BCCC":"Global X Bitcoin Covered Call ETF","BTCW":"比特币ETF-Wisdom Tree","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","YBTC":"比特币看涨期权ETF-Roundhill","GBTC":"比特币ETF-Grayscale","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","MNRS":"GRAYSCALE BITCOIN MINERS ETF","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BITB":"比特币ETF-Bitwise","BTCC":"Grayscale Bitcoin Covered Call ETF","MAXI":"比特币期货ETF-Simplify","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BTCI":"NEOS Bitcoin High Income ETF","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BETE":"等权重比特币&以太币期货ETF-ProShares","BTF":"比特币&以太币期货ETF-CoinShares","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BETH":"比特币&以太币期货ETF-ProShares","BITI":"1倍做空比特币期货ETF-Proshares","BTFX":"比特币期货ETF-CoinShares","BITO":"比特币期货ETF-ProShares","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTCO":"比特币ETF-Invesco Galaxy","BPI":"Grayscale Bitcoin Premium Income ETF","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July"},"translate_title":"whale 做空 1.25 亿美元，比特币股价跌破 6.3 万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"YBTC":0.63,"ARKB":0.6,"BFAP":0.6,"BETH":0.63,"CBXA":0.6,"DFII":0.6,"EZBC":0.6,"BTCI":0.63,"GBTC":0.6,"BAGY":0.6,"CBTJ":0.63,"BITU":0.6,"BITB":0.6,"CBOY":0.6,"MAXI":0.63,"CBTA":0.6,"HODL":0.6,"CBTO":0.6,"BTF":0.63,"CBTY":0.6,"CBOO":0.6,"BITI":0.6,"BTCC":0.6,"BTCZ":0.63,"CBXY":0.6,"DEFI":0.6,"CBOJ":0.6,"CBOA":0.6,"BTCO":0.6,"FBTC":0.6,"BITY":0.6,"BITO":0.6,"BFJL":0.6,"XBTY":0.6,"BCCC":0.6,"SBIT":0.6,"BETE":0.63,"BTFX":0.63,"BPI":0.6,"BTCW":0.6,"MNRS":0.63,"CBXO":0.6,"BTCL":0.63},"content_text":"Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone.\n\n\nSummary\n\n\n\nBitcoin price fell below $63,000 and approached its lower daily Bollinger Band at $62,507.\nA whale increased a Bitcoin short to 1,900 BTC, worth about $125 million.\nThe 4-hour Supertrend remains bearish, while the Chaikin Money Flow stands at -0.08.\nLiquidation clusters sit near $62,200 below the price and between $64,000 and $64,700 above it.\n\n\n\nBitcoin price action today points to seller control\nAccording to data from crypto.news, Bitcoin (BTC) price was trading near $62,772 at the time of writing, down 1.13% since the daily open at $63,491. The price had reached a session high of $63,617 before falling as low as $62,700 on Binance.\nMeasured from an earlier intraday level of $63,895 to the low near $62,667, the decline reached roughly 2%. The move broke the psychological $63,000 level and placed Bitcoin just above the lower daily Bollinger Band at $62,507.\nBitcoin has remained trapped in a relatively narrow range since early July, with buyers repeatedly appearing near $62,000 and sellers limiting rallies between $65,000 and $66,000. The latest decline followed another rejection from the upper part of that range, extending a series of lower highs visible since the July 21 peak near $66,700.\nBitcoin price daily chart — Aug. 14 | Source: crypto.news\nThe daily Bollinger Band midpoint now stands at $63,992. Trading below that level places the immediate advantage with sellers, while the upper band at $65,476 defines the next major resistance area if buyers recover.\nAroon data also showed a bearish imbalance. The Aroon Down reading stood at 64.29%, compared with an Aroon Up reading of 7.14%, indicating that a recent low carries more weight than any recent high.\nWhat is driving the Bitcoin decline?\nOn-chain analyst Ai Yi reported that a large trader added 258 BTC to an existing short position, lifting the trade to 1,900 BTC with an average entry price of $63,582. The position was worth about $125 million and carried an unrealized profit of approximately $1.79 million at the time of the update.\nThe short does not prove that one trader caused the entire decline. However, the position added to bearish derivatives exposure while Bitcoin was already losing short-term support. Selling below $63,000 then placed pressure on leveraged buyers whose trades depended on the level holding.\nInstitutional demand has also weakened. According to data from SoSoValue, U.S. spot Bitcoin exchange-traded funds recorded two consecutive sessions of net withdrawals totaling $192 million. Reduced ETF demand removed one source of buying that could absorb coins sold during volatile sessions.\nStrategy added to the cautious mood earlier in the week when it disclosed the sale of 1,690 BTC for nearly $109 million. The company used the proceeds to repurchase preferred stock after going seven weeks without adding Bitcoin to its treasury. The disposal was Strategy’s fourth Bitcoin sale since June.\nOutside crypto, higher oil prices and elevated bond yields kept pressure on risk assets. Brent crude traded above $87 as tensions around Iran and the Strait of Hormuz raised concerns about energy supplies, while the 10-year U.S. Treasury yield remained near 4.66%. Higher Treasury yields can reduce demand for assets such as Bitcoin because government debt offers investors a yield without the same level of price volatility.\nSofter U.S. wholesale inflation provided limited support. July’s headline Producer Price Index was unchanged, while core PPI increased 0.2%, according to Charles Schwab. Bitcoin still lagged U.S. equities, showing that crypto-specific selling and weak market liquidity outweighed the immediate benefit of the inflation data.\nBitcoin faces support at $62,200–$62,500\nThe 4-hour chart confirmed that short-term momentum remains bearish. Bitcoin traded below the 4-hour Supertrend level at $64,094, which has acted as resistance since the price lost the indicator on Aug. 10.\nBitcoin price 4-hour chart — Aug. 14 | Source: crypto.news\nChaikin Money Flow stood at -0.08 on the same timeframe. A reading below zero indicates that selling volume has outweighed buying volume over the indicator’s 20-period window, supporting the weakness shown by the price.\nImmediate support sits between $62,500 and $62,700, combining the daily lower Bollinger Band with the latest intraday low. A close below that region would place $62,200–$62,300 in focus, followed by the round-number support at $62,000.\nThe one-week CoinGlass liquidation heatmap showed a concentration of leveraged positions around $62,200. A fall into that area could trigger another group of long liquidations, although the same liquidity zone may attract buyers after leveraged positions are cleared.\nBitcoin liquidation heatmap | Source: CoinGlass\nBelow $62,000, the next visible liquidity bands appear near $61,500 and $60,300. The lower level also sits close to the bottom of the wider range that formed after Bitcoin’s sharp decline in early June.\nFor a recovery, Bitcoin must first reclaim $63,500–$64,100. The range includes the whale’s average short entry, the daily Bollinger midpoint, and the 4-hour Supertrend resistance.\nA sustained break above $64,100 could expose short positions and pull the price toward liquidation clusters at $64,500–$64,700. Additional liquidity appears near $65,700–$66,000, close to the upper daily Bollinger Band and several previous August highs.\nAnalysts see $61,500 if the trendline fails\nCrypto analyst Gerla said Bitcoin remained compressed inside a multi-week triangle formed by lower highs and a rising support line. According to the analyst, recovering $63,500–$64,000 would bring $65,000 back into play, while losing the lower trendline could send the price toward $61,500.\nGerla leaned toward a downside break because the trading range was tightening while volume declined. Lower volume near the apex of a triangle often precedes a larger move, but the pattern does not determine which side will break first.\nAnalyst Lennaert Snyder separately said Bitcoin had broken below a $63,900 momentum level and was testing the previous day’s low around $62,800. Snyder identified the prior weekly low near $62,300 as the next downside target if $62,800 fails.\n\n$BTC shows bearish momentum this Friday.Given that DXY is weak, and Bitcoin is dumping too, tells a lot about the current weakness.We broke below the 63.9K momentum line, and stabbing the 62.8K PDL could complement that.I didn't get my long trigger at 63K, and I'm not eager… pic.twitter.com/ecuD14biBi— Lennaert Snyder (@LennaertSnyder) August 14, 2026\n\nSnyder also noted that the U.S. Dollar Index was weak while Bitcoin continued to fall. Because a weaker dollar can normally support dollar-denominated risk assets, Bitcoin’s inability to benefit indicated weak demand within the crypto market, according to the analyst.\nWeekend trading adds another risk in both directions. Thinner order books can make Bitcoin more sensitive to large trades, potentially allowing a move through $62,200 or $64,100 to travel quickly toward the next liquidation cluster.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        \n\n\n\n\n\n\n                Read more:\n            \n\n                Citigroup CEO backs Clarity Act but warns stablecoin rewards could hurt banks","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2659314153","isCrawlerRequest":true}