Whale address $BTC opens a 40x BTC short position, increasing the short on BTC, with a position value exceeding 70 million USD

【Whale address opening a 40x BTC short position increases the short on BTC, with a position value exceeding 70 million USD】 According to a report by Golden Finance, monitored by HyperInsight, a whale address starting with 0x5D2 has added 16.45 million USD (138.9 BTC) to its 40x BTC short position on HyperLiquid, currently facing an unrealized loss of 447,000 USD. Specific position information is as follows:

Opening price: 107,464.40 USD

Leverage multiple: 40x

Position amount: 70,437,384.89 USD

Position quantity: 651.28

Profit and loss: -447,793.90 USD

Liquidation price: 116,670.030 USD