ME News reports that, on October 9 (UTC+8), according to TradingBeats monitoring, two whales using 40x full-position leverage initiated short positions near $81,700 today and are now being squeezed by a price rebound, nearing liquidation. Together, they hold a combined BTC short position worth approximately $21.62 million, as follows: The whale with address starting 0x4b62 opened a short position of 101.82 BTC at an average price of $81,771, with a position value of approximately $8.4086 million and a current unrealized loss of about $82,200. The liquidation price is $82,731.81, just $153 (0.19%) above the current price. The other whale, with address starting 0x1f25, opened a short position of 200 BTC at an average price of $81,743, followed by a partial liquidation of 40 BTC, realizing a loss of approximately $38,500. They currently maintain a remaining short position of 160 BTC, valued at approximately $13.2126 million, with an unrealized loss of about $133,700; the liquidation price is $82,959.25, $380 (0.46%) above the current price. (Source: BlockBeats)
Two high-leverage BTC short positions near liquidation amid price rebound
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Summary
On October 9 (UTC+8), Bitcoin’s price movement pushed two large leveraged short positions toward liquidation, according to MetaEra. The two positions, totaling $21.62 million in BTC shorts, are held by wallets beginning with 0x4b62 and 0x1f25. The 0x4b62 wallet opened a 101.82 BTC short at $81,771, with a floating loss of $82,200 and a liquidation price of $82,731.81. The 0x1f25 wallet opened a 200 BTC short at $81,743, having already liquidated 40 BTC for a $38,500 loss. It still holds 160 BTC shorts valued at $13.21 million, with a floating loss of $133,700 and a liquidation price of $82,959.25. Leverage trading risks are clearly evident as price action continues to pressure short positions.
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