After Multiple Liquidations, the Remaining Position of the "Insider Whale" Stands at $47.34 Million

According to Jinse Finance, on-chain analyst Yujin has observed that the "insider whale" has once again had their short positions liquidated. In fact, their positions had already been reduced to just $43.68 million after being liquidated on July 3, but after a slight BTC price pullback, they increased their positions again. This time, the $16.28 million margin for opening short positions has now dwindled to only $800,000, resulting in a loss of $15.48 million on this short trade. The remaining positions after multiple liquidations now stand at $47.34 million: a 40x short position of 368 BTC, valued at $40.05 million, with an entry price of $107,724 and a liquidation price of $109,196; and a 25x short position of 2,846 ETH, valued at $7.28 million, with an entry price of $2,452 and a liquidation price of $2,611.