Whale's High-Leverage BTC Short Gets Liquidated, Losing $146,000

This whale, who went all-in on a 40x leveraged short of 1,600 BTC ($102M) yesterday, got stopped out by the rebound early this morning, losing $1.3M in position and realizing a $146K loss. Yesterday morning, they opened a massive $102M BTC short with 40x leverage, with a liquidation price at $64,889. Later, they set stop-loss orders between $64,885 and $68,254, each for 50 BTC. At 4 AM, BTC rebounded to $65K, triggering 4 stop-loss orders and reducing their position by 200 BTC ($13M), realizing a $146K loss. Now, they still hold a 1,400 BTC ($90.54M) short position, with the latest liquidation price at $64,998. Address: https://(hypurrscan.io)/address/0xff84dd888de8ac2ed9a44860dc44e57025d68f1d -------------------------------------------------------------------------- Bitget: Join and you're VIP! Crypto, U.S. stocks, CFDs—global opportunities all in one place!