Bitcoin Whale Short Position Partially Liquidated With $1.46M Losses

A high-leverage Bitcoin short seller incurred $1.46M in losses and reduced exposure to $60M after partial liquidation, with remaining risk at $65,310.

Woofun AI reports that a whale utilizing 40x leverage on a $102 million Bitcoin short position experienced partial liquidation, resulting in $1.46 million in losses over the past week. After adding margin, the trader scaled down the short exposure to approximately $60 million, maintaining an entry price of $64,212.5 and a liquidation threshold of $65,310.2.