Bitcoin Short Position Reaches About $24.56 Million at 40x Leverage

A Bitcoin short position valued at about $24.56 million was opened on Oct. 22 with 40x leverage, exceeding three earlier tracked short entries recorded in 2026. The trader sold 300 BTC at an average entry price of $81,866.50. The update showed about $14,000 in unrealized profit. A market stop trigger was set at $83,100, about $65 below the reported liquidation price of about $83,165. A separate market take-profit trigger was set at $77,777. Earlier tracked Bitcoin short entries in 2026 were valued at $14.3 million on April 8, $8.07 million on May 13 and $19.13 million on June 5.