Trader loses 21.31 million USD on BTC short position after four consecutive trades

According to on-chain analyst @ai_9684xtpa, the whale’s position, initiated at 111,386.3 USD, has seen a liquidation threshold set at 128,729.9 USD.

With 2,041 BTC worth around 248 million USD, the trader’s actions reflect the volatility and risks associated with leveraged trading in the crypto market.