Whale Expands BTC Short to 6,188.7 BTC ($750M) — Leverage Rises to 10x, Liquidation at $130,810

COINOTAG News (October 10) reports that, according to HyperInsight monitoring, a high-profile whale that previously rotated from ETH to BTC has expanded its short exposure on Bitcoin, raising leverage from 8x to 10x. The position now stands at 6,188.7 BTC, with an estimated market value of approximately $750 million, an unrealized loss near $3.46 million, and a documented liquidation price of $130,810.

The leverage increase and concentrated BTC short position materially amplify margin requirements and downside risk, narrowing the buffer before forced deleveraging. Market participants and risk teams should factor the reported position size and unrealized loss into liquidity and stress assessments, per HyperInsight’s monitoring data.