Gate News message, April 23 — A whale address known as “Strategy Counterparty” continued building a 40x leveraged short position on Bitcoin today, opening 166.1 BTC shorts worth approximately $12.97 million at an average price of $78,268, according to Hyperinsight monitoring. The liquidation price stands at $79,247, a remarkably tight margin.
Two days ago (April 21), the same address held a $78 million short position but manually closed at a $10.1 million loss after Bitcoin surged above $76,000. This latest trade marks the whale’s return to shorting with an extremely narrow liquidation buffer.
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