"40x short positions Whale" BTC short order holdings amount exceeds 100 million USD, only 1.4% away from the liquidation price.

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According to BlockBeats news on September 12, as monitored by HyperInsight, a "40x short positions Whale" wallet address starting with 0xa523 has increased the position with a short order of 135.11 BTC. The current holdings amount to approximately 10.06 million dollars, with unrealized losses of about 2.585 million dollars. This Whale is using 40x leverage, with an entry price of approximately $112,300, and its current liquidation price is around $115,200, only 1.4% higher than the current price, increasing the risk of liquidation. This address has already lost 43.4 million dollars in one month, surpassing Aguila Trades, insider trading participant qwatio, and JamesWynn, becoming the biggest loser on Hyperliquid.

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