A certain contract whale added $26 million to its 40x BTC short position, increasing the total position size to $118 million.

BlockBeats News, July 8th, according to HyperInsight monitoring, the whale trader address starting with 0x5D2F has just increased its 40x leveraged BTC short position by 257.45 BTC, increasing the position by $26,772,730. Specific position details are as follows:

Entry Price: $107,926

Leverage: 40x

Position Value: $118,536,791

Position Size: 1,097.47 BTC

P&L: -$90,420

Liquidation Price: $115,597