A certain whale shorted Bitcoin 40 times, with a position size of $118.8 million and a liquidation price of $116510

BlockBeats News: On July 8th, according to Spotonchain monitoring, a giant whale that had previously achieved a profit of $13.6 million on Hyperliquid returned to the market and opened a high-risk 40 times leveraged Bitcoin short position. Current BTC trading details: • Total USDC deposit for margin: $4 million • Position size: 1097.47 BTC (approximately $118.8 million) • Opening price: $107926.6 • Strong parity: $116510 • Unrealized gains and losses:+$1176000 (including funding fees)