A whale went short 57.01 BTC with 40x leverage, with an average entry price of $89,420.4

BlockBeats News, January 23rd, according to HyperInsight monitoring, a whale shorted 57.01 BTC at 15:46 with 40x leverage, with an average entry price of $89,420.4, currently slightly in profit.

The address's trading style aligns closely with institutional quant strategies, employing a high-leverage, multi-asset strategy with BTC and ETH as its primary targets.