BTC whale with a $90 million short position begins active unwinding, safety margin below 0.8%

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A BTC whale with a $90.36 million short position is actively reducing its exposure amid tightening risk margins. The address 0xff84…8f1d, which initially held 1,600 BTC at 40x leverage, decreased its position by 200 BTC at $64,935, incurring a $146,600 loss. The whale now holds 1,400 BTC short, with a floating loss of $480,000 and a liquidation price of $64,999.52. The safety margin has fallen below 0.8%. The whale has placed 28 stop-loss buy orders to cover the full position, with the first trigger set at $64,985—just $15 above liquidation. Position trading strategies are under pressure as risk exposure continues to shrink.

On-chain monitoring by AiCoin shows that address 0xff84…8f1d originally held 1,600 BTC with a 40x short position. Early this morning, after BTC rallied, this address reduced its position by 200 BTC at an average price of approximately $64,935, resulting in a confirmed loss of $146,600. Currently, the address still holds a 1,400 BTC short position worth $90.36 million, with a cost basis of $64,202, resulting in an unrealized loss of $480,000. The liquidation price is $64,999.52, leaving less than 0.8% safety buffer. Notably, this address has also set 28 separate stop-loss buy orders designed to fully cover its short position. The first trigger price is $64,985—just $15 away from the liquidation price. You can now activate AiCoin’s On-chain Smart Money feature to track in real time whether this address continues to close its shorts, adds margin, or adjusts its stop-loss orders. AiCoin On-chain members can directly view whale open/close markers, cost basis, liquidation price, and order placement levels on the K-line chart, and receive alerts to continuously monitor changes in this address’s position. Don’t wait for news to break after whales open or close positions. Upgrade to On-chain Membership to get instant alerts when positions are opened, reduced, added to, or adjusted.

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