Hundred Coin Essence

Family, a shocking news in the crypto world is here!
A giant whale player has made a huge play, shorting Bitcoin with 40x leverage, with a short amount reaching 360 million USD, and the initial capital invested was only about 8 million USD. He opened a super short position of 320 million USD on the decentralized platform Hyper Lacquer when the Bitcoin price was at 84,400.
This guy only set two take-profit points, with the first target price set at 69,000 and the second target price set at 58,000, but he surprisingly did not set a stop-loss point, which means that if the market moves against him, he will be liquidated in no time. Now that Bitcoin's price has risen to 85,600, he is at risk of liquidation; currently, the Bitcoin price is fluctuating around 84,000, which is similar to his entry price, and he has already lost more than 3 million. I am just waiting to see how he handles this, as this news will definitely stir up quite a wave in the crypto world, it's really thrilling!