BTC whale faces liquidation risk on $93.2M short position

A whale holding a large BTC short position is once again at risk of liquidation as stocks and crypto markets strengthen on news of increased purchases of long-term U.S. Treasurys, AmberCN reported. The short position is currently valued at $93.24 million, with a liquidation price of $65,045. As BTC has moved to within around $200 of that level, further gains could trigger a forced liquidation of the position.