BTC Short Whale Suffers Consecutive Stop-Losses, Cumulative Losses Exceed $3.69 Million

On August 21, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale who rolled over a short position of $85.58 million in BTC on August 19 continues to face pressure.

The trader (Trader-DoshiAtoll) was liquidated for 240 BTC yesterday, losing $1.112 million; today, he actively reduced his position by 350 BTC, realizing a loss of $2.581 million, with margin usage dropping to 101%. He still holds approximately half of his 40x short position (610.01 BTC), valued at around $45.58 million, with an unrealized loss of $4.783 million.

[TechFlow]