40x Bitcoin short worth $41.47M nears liquidation
- —40x short of $41.47M and long of $13.14M approached liquidation
- —140 BTC short ($11.75M) closed within a minute at a $239K loss
- —Closure executed at $84,156–84,181 per BTC
- —No positions remained on the account afterward
Why it matters: Clusters of highly leveraged positions near liquidation levels raise the risk of sharp BTC price swings.
Source: TokenPost