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An address opened a $102 million BTC short position with 40x leverage, with the liquidation price only $900 away from the current price.

2026.08.05 - 00:30

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TechFlow news, August 05, according to monitoring by on-chain analyst Ember (@EmberCN), an address withdrew 2.44 million USDT from OKX within half an hour and transferred it to Hyperliquid, then immediately opened a short position on BTC worth $102 million with 40x leverage. The short entry price was $64,202, the liquidation price was $64,889, only about $900 away from the current price.

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