Two Whale Addresses Short Over $100M BTC with 40x and 20x Leverage

News Editor

2026-06-30 04:47:26

According to Lookonchain monitoring, two whale addresses are shorting Bitcoin with high leverage, holding a total position worth over $100 million. Address starting with 0x069a is shorting 900 BTC (worth ~$53.69M) with 40x leverage, while address 0x3e7a is shorting 800.75 BTC (~$47.76M) with 20x leverage. The large-scale short positions have drawn market attention.

whaleBTCshortleverageLookonchainon-chain data

Whale Shorts BTC with High Leverage

According to on-chain monitoring platform Lookonchain, two whale addresses are actively shorting Bitcoin (BTC) with combined positions exceeding $100 million. Details are as follows:

Address starting with 0x069a is shorting 900 BTC with 40x leverage, valued at approximately $53.69 million.
Address starting with 0x3e7a is shorting 800.75 BTC with 20x leverage, valued at approximately $47.76 million.

Together, the two positions total 1,700.75 BTC, worth around $101.45 million. Such large-scale high-leverage short positions could impact short-term market sentiment, and traders should monitor potential liquidation risks closely. Data source: Lookonchain.

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

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