A whale was liquidated and lost $253,000 on a BTC short position, then opened a new 40x short position four minutes later.

Foresight News reported, according to monitoring by @ai_9684xtpa, the address starting with 0xedf was liquidated due to a short-term surge in BTC, resulting in a loss of $253,000 on its $25.43 million short position. However, this address immediately opened a new 40x short position of 138.96 BTC, valued at $10.09 million, four minutes later, with an opening price of $72,620 and a liquidation price of $73,309.