40x short whale BTC short position amount exceeds 100 million USD, only 1.4% away from the liquidation price

ChainCatcher message, according to HyperInsight monitoring, a 40x short whale wallet address starting with 0xa523 has added a BTC short position of 135.11 coins, with the current position amounting to approximately $10.06 million, and an unrealized loss of about $2.585 million; this whale is using 40x leverage, with an average opening price of about $112,300, and its current liquidation price is approximately $115,200, only 1.4% higher than the current price, increasing the risk of liquidation.

This address has already lost $43.4 million in a month, surpassing Aguila Trades, insider trader qwatio, and JamesWynn, becoming the largest loser on Hyperliquid.