The 40-fold leveraged giant whale repeatedly jumped sideways and opened a US$12 million BTC short order, then quickly turned higher

According to Hyperinsight monitoring, the giant whale opened 176 BTC (worth approximately US$12.4827 million) with a leverage of 40 times 19 minutes ago. After a small loss of US$7000, it quickly turned to long and opened more than 190 BTC (approximately US$13 million) orders at the same multiple. The average opening price is US$70,963.6, and the clearing price is US$67599. The giant whale has often opened highly leveraged BTC contracts before, and has recently lost an overall account of approximately US$8.5 million.