A Bitcoin whale, known for consistently shorting BTC since March 2025, is currently facing a significant loss of $21.31 million on a 20x leveraged short position. The whale holds 2,041 BTC, valued at approximately $248 million, with an entry price of $111,386.3 and a liquidation price of $128,729.9. To avoid liquidation, the trader recently added $8 million in USDC as margin to their position on Hyperliquid.
Bitcoin Whale Faces $21.31 Million Loss on Short Position
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