If BTC continues to rise to $76,400, the $78 million short position held by the largest BTC short on-chain will be liquidated.

BlockBeats news, April 17, according to Hyperinsight monitoring, after BTC briefly surged to 76,000 US dollars, the largest BTC short position "Strategy Counterparty" is facing an unrealized loss of over 4.3 million US dollars (-220%).

The current 40x leveraged BTC short position is valued at 78.1 million US dollars, with a liquidation price at 76,380 US dollars, only 500 US dollars from the current price. As of press time, this whale has not adjusted its position, with a weekly loss exceeding 7.8 million US dollars. This short position was opened on April 1.

Address: 0x94d3735543ecb3d339064151118644501c933814