Data: A major whale's 40x BTC short position has incurred an unrealized loss of $12.84 million
ChainCatcher reports that, according to on-chain analyst Ai Yi (@ai_9684xtpa), as BTC hits another all-time high, a major whale’s 40x short position is now facing an unrealized loss of $12.84 million. The entry price for this position was $107,973.5, with a liquidation price of $126,480. Two days ago, the trader added 5.5 million USDC to the position, so there is still some distance before liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month


Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
