Coinworld News: On March 12, according to Hyperinsight monitoring, in the past half hour, during a period when BTC surged over 70,000 USD in the short term, a whale address beginning with 0xcbd continuously averaged down its 40x leveraged BTC short position, adding approximately 23.3 BTC (approximately 1.6 million USD). After this round of position accumulation, its total position size has reached 3.12 million USD, with an average opening price rising to 69,556 USD. The current unrealized loss stands at 16%, with the position opened 3 hours ago. Meanwhile, the address has placed take-profit orders in the range of 69,200 to 69,450 USD, planning to close positions in batches within this price band. Its liquidation price is currently set at 70,637 USD.