Whale Opens $33.1M Short on Bitcoin With 40x Leverage
- —Position size: 400 BTC, roughly $33.13 million
- —Leverage: 40x, entry price $83,171.7
- —Unrealized profit: $134,000 at the time of reporting
- —Position opened on the 8th, per on-chain analyst Ai Yi
Why it matters: A large high-leverage short signals bearish positioning among big players and raises the risk of cascading liquidations.
Source: TokenPost