An address holds a 40x leveraged BTC short position worth $46.09 million, with a liquidation price of $71,711.
Odaily reported, according to on-chain analyst Ai Yi’s monitoring, a certain address holds a 40x leveraged short position of 650 BTC, valued at 46.09 million US dollars. The order's opening price was 70,520 US dollars, currently at a floating loss of 246 thousand US dollars. If the price rises to 71,711 US dollars, it will trigger liquidation. The address has set take-profit and stop-loss levels, with stop-loss starting above 71,300 US dollars and take-profit beginning gradually from 69,500 US dollars.
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