Another whale shorted BTC worth $44 million with 40x leverage, and the liquidation price was $112,660

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PANews
05-12
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PANews reported on May 12 that according to Lookonchain monitoring, a whale with the address starting with 0x5D2F opened a short position on BTC worth $44 million with 40x leverage, with a liquidation price of $112,660.

Previously, the "Hyperliquid 50x whale" (address starting with 0x51d9) opened a 40x short position on 888.8 BTC (approximately $92.93 million) after 35 days, with an entry price of $104,094 and a liquidation price of $105,689.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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