A whale with a loss of over 10 million US dollars in the past week holds 40 times the Bitcoin short position and has deposited 8 million USDC to replenish its position in the past 24 hours

According to BlockBeats, on July 11th, according to on chain information, a whale opened a 40 fold short position in Bitcoin at $107973.5, with a holding value of $133 million and a current floating loss of $11.24 million. In the past 24 hours, the address has cumulatively transferred 8 million USDC to ensure that it is not liquidated. Currently, its liquidation price is $126320. The address has incurred losses exceeding tens of millions of dollars on Hyperliquid in the past week.