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Whale Loses Over $10 Million in Past Week Holding 40x Bitcoin Short, Deposits 8 Million USDC in Past 24 Hours to Add to Position

Summary: According to reports, a whale opened a 40x short position on Bitcoin at $107,973.5, with a position value of $133 million and currently facing a loss of $11.24 million. In the past 24 hours, the address has deposited a total of 8 million USDC to prevent liquidation, with the current liquidation price at $126,320. The ...

According to reports, a whale opened a 40x short position on Bitcoin at $107,973.5, with a position value of $133 million and currently facing a loss of $11.24 million.

In the past 24 hours, the address has deposited a total of 8 million USDC to prevent liquidation, with the current liquidation price at $126,320.

The address has incurred losses of over $10 million on Hyperliquid in the past week.

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