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Smart money increased the position with 40x short order on Bitcoin, accumulating a profit of 34.25 million USD.
On July 12, according to on-chain data from 【Block Rhythm】, a certain smart money increased the position of a 40x short order for Bitcoin 20 minutes ago on a certain platform, with the current value of its Bitcoin short order holdings reaching 17.865 million USD and an average entry price of 117,700 USD.
The address currently holds multiple mainstream coin short orders on the trading platform, such as a 25x ETH short order worth 15.34 million USD. The address has accumulated profits of 34.25 million USD, but has incurred a loss of 4.2 million USD in the past 7 days.