According to ChainCatcher news, data monitoring on-chain shows that since March this year, there have been four consecutive shorting of BTC by a Whale using 20x leverage, with unrealized gains reaching 23.7 million USD. This Whale entered a short order at a price of 10,846.71 USD and at one point faced unrealized losses of 12.81 million USD due to Bitcoin pumping above 120,000 USD. However, they continued to increase the position until October 28, and since then, the position has remained unchanged. Currently, their short order holdings are approximately 1,231.9 BTC, with a position value of 113.6 million USD and a liquidation price of 101,637.7 USD.
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