🐳 A WHALE DOWN $1.93M THIS WEEK IS NOW SHORT $15.2M bitcoin:native AT 40X The position currently stands at: • 194.40 BTC short • $15.17M position value • 40x cross leverage • $77,941.7 average entry • ~$78,061 current mark • $79,189 liquidation price Only 1.45% separates BTC from the whale’s liquidation price. The account has just ~$412K in equity, zero withdrawable margin and an effective leverage ratio of nearly 37x. Its 1W perp PnL currently stands at -$1.93M, with an 87.3% maximum drawdown. BTC does not need a major breakout—a relatively small move higher could put the entire position under pressure. Track the 40x BTC short live on Hyperbot 👇🧵
Hyperbot 🐳Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.