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

GateNews

bitcoin news Derivatives Data

Source: odaily

2026-03-24 07:32:08

BTC-2,08%

Gate News reports that on March 24, 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, it has an unrealized loss of $246,000. If the price rises to $71,711, it will trigger a liquidation. The address has set stop-loss and take-profit levels, with stop-loss starting above $71,300 and gradual take-profit beginning at $69,500.

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