A cryptocurrency whale, identified by the address "0xdDc," is currently facing a significant floating loss of $4 million after opening a Bitcoin short position with 40x leverage. This position was initiated prior to a major announcement involving Trump, which did not unfold as anticipated. To prevent liquidation, the whale has deposited an additional $1 million in USDC. The unexpected market movement has also reduced the whale's profits from $8.6 million to $4.6 million.
Whale Faces $4M Loss on 40x Leveraged Bitcoin Short
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