A whale used high leverage to short 1,600 BTC, triggering a stop-loss and incurring a loss of $146,000
2026-08-06 08:29:08
According to CoinMeta, based on early monitoring of in, a large trader went short on 1,600 units of BTC with 40x leverage yesterday, worth approximately $102 million. Due to a rebound in BTC, four stop-loss orders were triggered, resulting in a reduction of 200 units of BTC held, causing a loss of about $146,000. Currently, this trader still holds a short position of 1,400 units of BTC worth around $90.54 million, with the latest liquidation price at $64,998.
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Source:Internet
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