TradingBeats monitoring cited by BlockBeats showed an unidentified whale build an approximately $24.56 million Bitcoin short using 40x leverage on Oct. 22.
Position opened near $81,866.50
The report said the trader sold 300 BTC over about 30 minutes at an average price of $81,866.50. The position showed roughly $14,000 in floating profit at publication, while its reported liquidation level was near $83,165.
The stated exit plan placed a full-position stop trigger at $83,100 and a take-profit trigger at $77,777. BlockBeats attributed the figures to TradingBeats monitoring and did not identify the trader, exchange or an independently verifiable transaction record.