A Bitcoin whale that shorted BTC four times with 20x leverage now has a floating profit of over $23.7 million.

According to data from Hyperbot, as reported by Odaily Planet Daily, a whale (0x5D2...9bb7) that previously shorted BTC four times consecutively has recently opened a 20x leveraged Bitcoin short position, which is now showing a floating profit of over $23.7 million. Currently, its short position holds approximately 1232 BTC, with a position value of $113.6 million. The average entry price was $111,499.3, and the liquidation price was $101,637.7. Furthermore, just two days ago, this whale also placed four limit buy orders totaling 1450 BTC in the $75,819-$79,919 price range.