40× Short Whale Reduces BTC Position Again, Losses More than US$44 million in the past month

According to ChainCatcher, the Federal Reserve's September interest rate appointment meeting will be held on September 18. The market generally speculated that the probability of interest rate cuts is relatively high, and may be affected by this incident. The giant whales on the chain have been frequently operated recently. According to HyperInsight monitoring, the BTC short orders were reduced at the beginning of address 0xa523; the current position value is approximately US$68.795 million; the floating loss is approximately US$1.14 million; the liquidation price is approximately US$116,700, which is approximately 0.81% from the liquidation. The address has recently used approximately 40× leverage, with a cumulative loss of US$44.45 million in the past month; the total account holdings are worth approximately US$68.84 million.