A certain whale lost over $10 million in the past week. They held a 40x Bitcoin short position and deposited $8 million USDC in the past 24 hours to average down.
BlockBeats News, July 11th. According to on-chain data, a whale opened a 40x leveraged Bitcoin short position at $107,973.5, with a position value of $133 million. The current unrealized loss is $11.24 million.
In the past 24 hours, this address has received a total of 8 million USDC to prevent liquidation, and its liquidation price is currently $126,320.
Within the past week, this address has already incurred a loss of over tens of millions of dollars on Hyperliquid.
You may also like

Bitcoin Faces Resistance at $125K, Signaling Potential Consolidation Before Surge to $140K
As of today, August 14, 2025, the cryptocurrency market is buzzing with activity, and Bitcoin is at the…

3 Key Reasons Ethereum Price Could Soar to $5,000 Before 2025 Ends
As of today, August 14, 2025, Ethereum continues to capture attention in the crypto world, with its price…

Bitcoin Profit Taking Eyes $113K Buy Zone: Could This Spark a Rally to Fresh Highs?
As of today, August 14, 2025, Bitcoin is navigating a familiar pullback after surging to impressive heights, but…

US Debt Crisis Drives Bitcoin Price Surge to $140,000 in ‘Crisis Mode’ – Essential Insights for August 14, 2025
As we step into August 14, 2025, Bitcoin is making waves once again, pushing boundaries with its price…

Kraken Delists Tether’s USDT and Four Other Stablecoins in Europe Under MiCA Rules – Updates as of August 14, 2025
Imagine navigating the ever-shifting waters of cryptocurrency regulations – it’s like steering a ship through a storm, where…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]