The band whale shorted BTC at $107,700 with 40x leverage, with a position value of $10.53 million

ChainCatcher message, according to HyperInsight monitoring, in the past two hours, a whale starting with address 0x469 closed a long position on BTC at $107,700 and then opened a 40x short position, currently holding a nominal position value of approximately $10.53 million.

Additionally, monitoring shows that this address has been consistently buying low and selling high across multiple cryptocurrencies in recent days, with a profit of about 15% in the last 24 hours. Furthermore, the total nominal position value of this address is approximately $43.48 million, with the main position distribution as follows: XRP short position $12.04 million, BTC short position $10.53 million, SOL long position $9.21 million.