$BTC This trader has taken a short position on Bitcoin ($BTC ), meaning they are betting that Bitcoin’s price will go down.

Key Details:

Position Size: $333.9M – This is the total value of the trade. However, the trader did not invest this full amount—they used leverage.

Leverage: 40x – This means they borrowed money to trade a much larger amount. For example, if they used $8.35M of their own money, the leverage increased their trade size to $333.9M.

Current Loss: $1M – So far, the trade is not going well, and they are losing $1