Whale closes $13.6M in shorts, opens 40x BTC long

According to monitoring from Hyperinsight, a whale address starting with 0xdfb has closed all its BTC and ETH short positions over the past 30 minutes and switched to a 40x BTC long position. The data shows the address closed a total of $13.6 million in short positions for a profit of approximately $132,000. It then purchased about 112.7 BTC, worth around $8.72 million, at an average entry price of $77,490. The liquidation price for this new long position is $76,555.