Giant Whale Address 0x931B... AE7A opens 40 times leverage BTC short order

According to Hyperinsight monitoring, on April 15th, address 0x931B... AE7A opened a 40 fold leveraged BTC short position in the past hour, with a position size of 7.48 million US dollars, an average price of 74109 US dollars, and a clearing price of 78060 US dollars. The address has placed a market take profit order and plans to fully close it at $73450, which is approximately $500 from the current price.