A prominent whale, identified as "Strategy Counterparty," has reopened a significant 40x leveraged Bitcoin short position valued at approximately $12.97 million. According to Hyperinsight monitoring, the whale has accumulated 166.1 BTC in short positions at an average price of $78,268, with a tight liquidation price set at $79,247. This move follows a recent closure of a $78 million short position, which resulted in a $10.1 million loss after Bitcoin's price exceeded $76,000.