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A certain Whale closed a short order during the Bitcoin pump, losing over 1.6 million dollars.
[A Whale closed a short order during the Bitcoin pump, losing over 1.6 million dollars] On May 8, according to Lookonchain monitoring, a Whale closed a short order during the Bitcoin pump, losing over 1.6 million dollars. This Whale had shorted BTC with 11x and 40x leverage. The holdings reached 127.7 million dollars, with liquidation prices of 104,600 dollars and 103,470 dollars.