A 10 fold short selling of mainstream cryptocurrency Whale Bitcoin has resulted in a floating loss of 1.71 million US dollars, and has once again replenished margin and short positions

BlockBeats News: On May 20th, according to lookonchain monitoring, as the price of Bitcoin rises, a giant whale that shorted BTC, ETH, and SOL and used 10 times leverage has currently lost about $1.71 million on BTC. About an hour ago, he added 4 million USDCs to the Hyperliquid platform to expand his short position in BTC, while raising the average entry price and reducing the risk of liquidation.