PANews reported on December 6th that, according to Lookonchain monitoring, a battle between Bitcoin bulls and bears is escalating. Whale 0x50b3 opened a 20x long position of 307 Bitcoins ($27.5 million) at a price of $89,642.7, with a liquidation amount of $83,385. Whale 0x9311 opened a 40x short position of 223.4 Bitcoins (worth $20 million) at a price of $89,502.7, with a liquidation amount of $95,114.