Whale's 40x Bitcoin Short Faces Partial Liquidation After $1.46M Loss

Whale's 40x Bitcoin Short Faces Partial Liquidation After $1.46M Loss

N
News Editor
2026-08-08 15:20:00
Data from TheDataNerd shows a whale who opened a $102 million short on bitcoin with 40x leverage has been partially liquidated. Losses over the past week reached $1.46 million. After adding margin, the short position was cut to around $60 million, with entry price at $64,212.5 and liquidation price at $65,310.2.

According to TheDataNerd, a whale running a $102 million short on bitcoin at 40x leverage has been partially liquidated in recent days.

Losses over the past week reached $1.46 million. After topping up margin, the whale reduced the short exposure to roughly $60 million. The position was opened at $64,212.5, and the liquidation price stands at $65,310.2.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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