Two Whales Short Bitcoin with $100M+ Total Position, Up to 40x Leverage

News Editor

2026-06-30 07:01:29

According to Lookonchain monitoring, two whales are shorting BTC with high leverage, holding a combined position exceeding $100 million. One whale shorted 900 BTC at 40x leverage (~$53.69M), the other shorted 800.75 BTC at 20x leverage (~$47.76M).

BitcoinShortWhaleLeverageLookonchainChainCatcherShort Position

Whales Short BTC with Over $100M in Combined Positions Using High Leverage

According to ChainCatcher, on-chain monitoring platform Lookonchain detected two whales aggressively shorting Bitcoin (BTC) with total positions exceeding $100 million. One whale opened a short of 900 BTC at 40x leverage, worth approximately $53,690,000; the other opened a short of 800.75 BTC at 20x leverage, worth approximately $47,760,000. These positions reflect bearish sentiment among large holders, with high leverage exposing them to liquidation risks if BTC price moves upward.

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

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