**["Firmly Bearish" Whale Faces Liquidation After Proactively Reducing Position, Losing Over $1.567 Million]** BlockBeats reports that on August 18, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale holding a $125 million short position and firmly bearish on Bitcoin proactively reduced their position by 1,200 BTC early this morning, incurring a loss of $344,000. Subsequently, they were liquidated for 288 BTC, resulting in an additional loss of $245,000. Since opening the position on August 5, the whale has suffered a cumulative realized loss exceeding $1.567 million. They currently still hold a 512 BTC short position, with an unrealized loss of $338,000. [Original Link]