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Jens

Someone opened a $38,688,000 $BTC short with 20x leverage.



Liquidation Price: $70,000

#GateDEXIntegratesWithRobinhoodChain #btc #bitcoin
BTC2.01%
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CutLossHand
· 3h ago
Boss, this move is a bit intense—if it pumps straight up, it could liquidate positions instantly. So exciting.
View OriginalReply0
CompoundClerk
· 07-20 15:39
This short is brutal—$38M, 20x leverage, liquidation price at 70k. This is betting on a major drop in Bitcoin.
View OriginalReply0
FraxDuck
· 07-20 15:05
A 38M short position with a liquidation price of 70k—what’s the current price right now? If it’s close, there’s a liquidation risk that could happen at any moment.
View OriginalReply0
PigCycle
· 07-20 15:02
“Beet” means: I also want to short, but I don’t have the nerve for it.
View OriginalReply0
YieldRollercoaster
· 07-20 14:58
With 20x leverage and such a huge position, it’s either an institution or a lunatic—anyway, I’m not following.
View OriginalReply0
StopCarver
· 07-20 14:51
Short sellers, keep adding fuel—I want to see liquidations!
View OriginalReply0
HedgeBridge
· 07-20 14:50
These large short positions are prone to being targeted by the long side, but with BTC’s recent weak momentum, it might even drop below 70k. However, the tolerance at 20x leverage is too low.
View OriginalReply0
OdysseyDrifter
· 07-20 14:45
Did Gate list the Robinhood chain? This move is interesting. But this short is on Bitcoin—watch out for a double squeeze in both longs and shorts. It’s recommended to monitor whether there are large buy orders near the liquidation price.
View OriginalReply0

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