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Whale Loses $288K in 60 Hours on 20x Short of $38.07M BTC, Total Losses Reach $5.25M in a Month

OdailyOdaily
BTCUSDT--

Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale opened a 20x leveraged short position on BTC worth $38.07 million, and exited after 60 hours with a loss of $288,000 due to a stop-loss. This marks the 16th failure for this whale since turning bearish on Aug. 19, with cumulative losses of $5.25 million over the past month.

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