Data: A certain whale has once again flattened a 40x leveraged BTC short position, with the liquidation price indicating that it is bearish on BTC and does not expect it to rise to $70,600

According to monitoring by Hyperinsight, in the past half hour, during the brief surge of BTC over $70,000, the whale starting with 0xcbd has continued to average down its 40x leveraged BTC short position, further increasing its holdings by approximately 23.3 BTC (about $1.6 million). After this round of accumulation, its position size has reached $3.12 million, with an average opening price rising to $69,556, currently facing a floating loss of 16%, and the position was opened 3 hours ago.

Meanwhile, this address has placed take-profit orders in the range of $69,200 to $69,450, planning to close the position in batches within this price range. Its liquidation price is currently set at $70,637.