Lookonchain: Evaded Reopens 40x BTC Short at $40M | Flash News Detail | Blockchain.News
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5/26/2026 8:25:00 AM

Lookonchain: Evaded Reopens 40x BTC Short at $40M

Lookonchain: Evaded Reopens 40x BTC Short at $40M

Evaded reopened 40x short on 525.34 BTC ($40.32M) at $77,413.63 liquidation while 53,500 ZEC long sits down $1.87M as BTC trades $76,683.88.

Source

Analysis

Lookonchain reported that trader Evaded closed a prior BTC short at a $320K loss before reopening a fresh 40x short on 525.34 BTC worth $40.32M with liquidation at $77,413.63; his separate 53,500 ZEC long position valued at $32.92M now shows a $1.87M unrealized loss.

BTC price action at $76,683.88 sits below both EMA50 at $77,207.59 and EMA200 at $77,329.87 inside a confirmed bearish trend structure, yet the MACD golden cross at 26.7 keeps momentum tilted higher while neutral RSI at 47.04 leaves room for a test of the lower Bollinger band support near $74,969.17 before any sustained recovery attempt.


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