BTC According to data from Onchain Lens reported by BlockBeats on May 26, a large whale just opened a short position on Bitcoin with 40x leverage, with a notable position size:
Nominal value: 55.65 million USD
Leverage level: 40x (rare in the crypto market)
High-risk context:
The previous trading history of this address has incurred a total loss of 3.03 million USD from 2 consecutive short BTC positions
This is the 3rd time this whale has shorted BTC this month
