A major Bitcoin whale suffered a $22.37 million liquidation after switching to a long position with 40x leverage. The whale, identified by the address 0xd83…, increased its BTC long position to $63.2 million following a brief price surge above $90,000. However, as Bitcoin prices declined, the whale faced significant liquidations, including 140 BTC worth $12.47 million and an additional 112.2 BTC worth $9.9 million. The address now holds a $39.81 million long position with a floating loss of $380,000 (-39%). Previously, this whale was the largest short position holder for BTC, ETH, and other cryptocurrencies, with a total position size nearing $500 million. Recent liquidations have included $199 million on January 22, $120 million on January 26, and $83 million on January 28. Despite shifting to long positions, the whale continues to face substantial losses.