According to BlockBeats, HyperInsight monitoring has revealed that a whale trader with the address starting 0x5D2F has recently increased their BTC short position by 257.45 BTC. This move has raised the position's value by $26,772,730.
The details of the position are as follows:
- Opening Price: $107,926
- Leverage: 40x
- Total Position Value: $118,536,791
- Total Position Quantity: 1,097.47 BTC
- Profit/Loss: -$90,420
- Liquidation Price: $115,597
