Data: 40x Leverage Mega Whale Flip-Flopping Repeatedly, Opening $12 Million BTC Short Position with Small Loss Before Quickly Switching to Long

ZkProver · 2026-03-24T08:05:28+00:00

A whale opened a short position of 176 BTC with 40x leverage 19 minutes ago. After losses of $7,000, it quickly reversed direction and opened a long position of 190 BTC. The average entry price for the long position is $70,963.6, with a liquidation price of $67,599. Recent overall losses are approximately $8.5 million.

ZkProver

2026-03-24 08:05:28

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ChainCatcher reports that, according to Hyperinsight monitoring, a whale opened a short position on 176 BTC (worth approximately $12,482,700) with 40x leverage 19 minutes ago. After a quick loss of $7,000, it rapidly switched to a long position, opening 190 BTC (about $13 million) with the same leverage.

The opening average price was $70,963.6, and the liquidation price is $67,599. This whale has frequently opened high-leverage BTC contracts, and its overall account loss recently reached approximately $8.5 million.

BTC-1.01%

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