A certain whale shorted Bitcoin with 40x leverage, with a position size of $118.8 million, and was liquidated at a price of $116,510.

On July 8th, according to Spotonchain monitoring, a whale who had previously made a profit of $13.6 million on Hyperliquid has re-entered the market, opening a high-risk 40x leveraged Bitcoin short position. Current $BTC transaction details:

• Total USDC deposits for margin: $4 million

• Position size: 1,097.47 $BTC (approximately $118.8 million)

• Entry price: $107,926.6

• Liquidation price: $116,510

• Unrealized PNL: +$1.176 million (including funding fee)