Whale Opens $1.12M BTC Short at 40x Leverage After Price Briefly Tops $74,000

A whale address (0x8b6...) opened a 40x leveraged short position on Bitcoin worth $1.12 million at an average entry of $74,050 after the price briefly moved above $74,000, Hyperinsight data show. The position is currently down $1,300, or 4.3%.