Data: A certain address holds a 40x leveraged short position of 46.09 million USD in BTC, with a liquidation price of 71,711 USD

According to on-chain analyst Ai Yi's monitoring, a certain address holds a 40x leveraged short position of 650 BTC, valued at 46.09 million USD. The opening price of this order was 70,520 USD, and it currently has an unrealized loss of 246,000 USD. If the price rises to 71,711 USD, it will trigger a liquidation.

The address has set take-profit and stop-loss orders, starting to stop-loss above 71,300 USD and gradually taking profit starting at 69,500 USD.