If BTC continues to rise to $76,400, the 78 million short position of the largest on-chain BTC short will be liquidated

BlockBeats News, April 17th, according to Hyperinsight monitoring, after BTC briefly surged to $76,000, the largest BTC short seller "Strategy Whale" is now facing a floating loss of over $4.3 million (-220%).

The current leverage of this 40x BTC short position has reached $78.1 million, with a liquidation price of $76,380, only $500 away from the current price. As of the time of writing, the whale has not yet adjusted its position, with a weekly loss of over $7.8 million. This short position was opened on April 1st.

Address: 0x94d3735543ecb3d339064151118644501c933814