Whale shorting $102M in Bitcoin partially liquidated, remaining position at $65,310.2

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A whale engaged in position trading shorted $102 million in Bitcoin with 40x leverage, but faced partial liquidation on August 8, losing $1.46 million in a week. The trader added margin to reduce the position to $60 million, with position sizing now focused on limiting further exposure. The entry price is $64,212.50, and the remaining short will be liquidated at $65,310.20.

ChainThink reports that on August 8, according to monitoring by TheDataNerd, a whale who shorted $102 million in Bitcoin with 40x leverage has been partially liquidated, incurring a loss of $1.46 million over the past week.

The whale subsequently added margin, reducing the short position to approximately $60 million. Its opening price is $64,212.5, and the liquidation price for the remaining position is approximately $65,310.2.

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