A certain whale briefly opened a $10.2 million BTC short position, planning to take profit at $67,102

BlockBeats News, April 3rd, according to Hyperinsight monitoring, in the past 1 hour, a whale starting with 0xb5a opened a 40x leveraged short position on BTC, with a position size of 10.2 million US dollars and an average price of 67,159 US dollars.

As of press time, it has partially closed the position by about 1.4 million US dollars and set a stop-loss trigger order at 67,102 US dollars, planning to close the remaining position at market price when the planned price is reached. After the trigger at this range is hit, the actual transaction price is expected to be around 72,300 US dollars for quick execution; although the order is in the form of a stop-loss, it is essentially a take-profit execution. This is the fifth attempt to short by this address in the past 24 hours.