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Whale who shorted Bitcoin at $108,000 with 40x leverage adds $5.5 million in margin, now facing over $10 million in unrealized losses

Summary: According to reports from Lookonchain, a whale who previously shorted Bitcoin at $108,000 with 40x leverage has now added $5.5 million in margin, resulting in over $10 million in unrealized losses. The current position size is $132.56 million, with the liquidation price rising to $121,080.

According to reports from Lookonchain, a whale who previously shorted Bitcoin at $108,000 with 40x leverage has now added $5.5 million in margin, resulting in over $10 million in unrealized losses. The current position size is $132.56 million, with the liquidation price rising to $121,080.

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