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

BlockBeats News, July 8th, according to HyperInsight monitoring, the whale trader address starting with 0x5D2F has just 40x leveraged its BTC short position by adding 257.45 BTC, increasing the position by $26,772,730. The 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