Whale's $102M Bitcoin Short Position Partially Liquidated on 40x Leverage, Stopped Out at $65,000 With $146K Loss

BTC-2.04%
According to ChainCatcher, a whale's short position of 1,600 BTC (worth $102 million) on 40x leverage was partially liquidated overnight, with 200 BTC (worth $13 million) stopped out at $65,000, resulting in a $146,000 loss. The whale had set stop-loss orders in the $64,885–$68,254 range and four stops were triggered early this morning when BTC rebounded to $65,000. The whale currently holds 1,400 BTC short, valued at $90.54 million, with a liquidation price of $64,998.
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