Bitcoin sees a giant leveraged long liquidate late shorts, but is it enough to spark the BTC price range exit that traders have wanted?

• Bitcoin seeks to exit its narrow trading range to the upside as short positions get liquidated.

• An unknown whale entity reveals a giant leveraged long BTC position, with the market reacting immediately.

• Such moves have been seen on multiple occasions in May and June.

Bitcoin 

 took out ask liquidity on June 20 as an unknown trader took out a giant leveraged long BTC position.