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Whale Address "Strategy Counterparty" Opens 166.1 BTC Short at 40x Leverage After $10M Loss

GateNews

bitcoin news Derivatives Data

2026-04-23 02:38:07

BTC0.11%

Gate News message, April 23 — A whale address known as "Strategy Counterparty" continued building a 40x leveraged short position on Bitcoin today, opening 166.1 BTC shorts worth approximately $12.97 million at an average price of $78,268, according to Hyperinsight monitoring. The liquidation price stands at $79,247, a remarkably tight margin.

Two days ago (April 21), the same address held a $78 million short position but manually closed at a $10.1 million loss after Bitcoin surged above $76,000. This latest trade marks the whale's return to shorting with an extremely narrow liquidation buffer.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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