A certain whale opened a 40x short position on BTC, with a size of $24.56 million.

BlockBeats news, October 22 - According to TradingBeats monitoring, in the past half hour, a certain whale has continuously sold 300 BTC, completing the establishment of a short position worth approximately $24.56 million, with an average price of $81,866.5. As of press time, this short position has an unrealized profit of about $14,000, with a liquidation price of approximately $83,165.

The whale has set two exit plans for the entire position:

$83,100: The trigger price for a market stop-loss on the entire position, about 1.6% higher than the current price.

$77,777: The trigger price for a market take-profit on the entire position, about 4.9% lower than the current price.