ChainCatcher reported that, according to on-chain analyst Ai Yi, one address opened a 40x leveraged short position on 400 BTC. The position was valued at $33.13 million, with an entry price of $83,171.7 per BTC. At the time of the update, the trade was showing an unrealized profit of $134,000. The report did not disclose additional details about the address beyond the position data cited by the analyst. The update was presented as an on-chain monitoring note and focused on the size of the short, the leverage used, the entry level, and the current floating profit.
ChainCatcher said that, per on-chain analyst Ai Yi, a single address opened a 40x leveraged short on 400 BTC, worth $33.13 million.
It entered the position at $83,171.7. At the time of the update, it was sitting on an unrealized profit of $134,000.
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