A hardcore bearish whale’s 20x leveraged BTC short position is now over $20 million in unrealized profit.
Jinse Finance reported that according to Hyperbot data, as the price of bitcoin briefly declined, the "die-hard short" whale (0x5D2...9bb7), who had previously shorted BTC four times in a row, now has a floating profit of over $20 million on a 20x leveraged BTC short position. The current position is about 860 BTC, with a liquidation price of $101,746.
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