A certain address holds 40x leveraged short positions on $46.09 million BTC, with liquidation price at $71,711.

2026-03-24 09:00:20

Odaily Planet Daily reports that on-chain analyst Ai Yi detected that an address holds a 40x leveraged short position of 650 BTC, worth $46.09 million. The position was opened at a price of $70,520, currently with an unrealized loss of $246,000. If the price rises to $71,711, it will trigger liquidation. The address has set stop-loss and take-profit levels, starting to cut losses above $71,300 and gradually taking profits below $69,500.

BTC-1.13%

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