coin-img-ETHETH+0.77%coin-img-BTCBTC+1.38%coin-img-SOLSOL+3.41%coin-img-XRPXRP+2.52%coin-img-TOMTOM+42.53%coin-img-BENZBENZ+55.73%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.47%coin-img-ETHETH+0.77%coin-img-BTCBTC+1.38%coin-img-SOLSOL+3.41%coin-img-XRPXRP+2.52%coin-img-TOMTOM+42.53%coin-img-BENZBENZ+55.73%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.47%coin-img-ETHETH+0.77%coin-img-BTCBTC+1.38%coin-img-SOLSOL+3.41%coin-img-XRPXRP+2.52%coin-img-TOMTOM+42.53%coin-img-BENZBENZ+55.73%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.47%coin-img-ETHETH+0.77%coin-img-BTCBTC+1.38%coin-img-SOLSOL+3.41%coin-img-XRPXRP+2.52%coin-img-TOMTOM+42.53%coin-img-BENZBENZ+55.73%coin-img-USDCUSDC+0.02%coin-img-DOGEDOGE+2.47%

Largest BTC short shows $4.3M+ unrealized loss as Bitcoin nears $76,000

Hyperinsight data shows Bitcoin briefly climbed to nearly $76,000, pushing the market's largest BTC short into a steep drawdown. The position, attributed to "Strategy Counterparty", is a 40x leveraged short with a notional size of $78.1 million and an estimated liquidation level at $76,400—about $500 above the current price. Unrealized losses have exceeded $4.3 million, or roughly 220%. The whale has not adjusted the trade as of publication, with weekly losses topping $7.8 million. The short was opened on April 1.
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