Over the past month, a whale has lost $5.25 million. After opening a 20x short on BTC worth $38.07 million, the whale exited 60 hours later with a loss of $288,000.

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