A trader established a 40x leveraged Bitcoin (BTC) short worth about $24.56 million on Oct. 22, the biggest of three earlier tracked entries this year.
The position covered 300 BTC with an average entry price of $81,866.50. A contemporaneous reading put its unrealized gain at roughly $14,000, an amount not yet locked in as profit.
A stop was set at $83,100, while the reported liquidation level stood at $83,165, about $65 higher. The profit-taking trigger was $77,777.
Of earlier positions cited for 2026, the $19.13 million trade came on June 5; the May 13 and April 8 entries were $8.07 million and $14.3 million, respectively.
At about $24.56 million, the Oct. 22 short was larger than all three.
