A whale short 1600 BTC with high leverage triggered a stop loss, resulting in a loss of $146000

A whale shorted 1600 BTC worth $102 million with 40 times leverage yesterday. In the early morning, due to BTC rebound, it triggered 4 stop losses and reduced its position by 200 BTC worth $13 million, resulting in a loss of $146000. The whale currently holds 1400 BTC short positions worth 90.54 million, with a latest clearing price of $64998. (Ashes)