A contract whale adds $26 million to its 40x BTC short position, bringing total holdings to $118 million

According to a report by Jinse Finance, HyperInsight monitoring shows that the whale contract trader at address starting with 0x5D2F has just added 257.45 BTC to their 40x leveraged BTC short position, increasing the position value by $26,772,730. Other specific position details are as follows: entry price: $107,926; leverage: 40x; total position value: $118,536,791; position size: 1,097.47 BTC; profit and loss: -$90,420; liquidation price: $115,597.