Trader Expands BTC Short Position Amid High Leverage

According to Foresight News, a trader has significantly increased their BTC short position after realizing a floating profit of approximately $1.8 million today. The trader utilized this profit to open a new BTC short position valued at around $52.48 million, with an initial capital of $3 million now expanded to a short position worth approximately $152 million, reflecting a leverage of 35 times. The liquidation price is approaching. The specifics include a short position of 31,093 ETH, valued at approximately $99.87 million, with an opening price of $3,270 and a liquidation price of $3,264, resulting in a floating profit of $1.8 million. Additionally, there is a short position of 563 BTC, valued at around $52.48 million, with an opening price of $92,623 and a liquidation price of $96,057, currently showing a floating loss of $280,000.