An ancient Bitcoin whale continues to increase its short positions in BTC and ETH, with total holdings exceeding $1.1 billion.

Huoxun Finance reported on October 10th that according to Lookonchain monitoring, a prominent Bitcoin whale has continued to increase its short positions in BTC and ETH, with its total holdings now exceeding $1.1 billion. Using 10x leverage, it shorted 6,189 BTC, valued at approximately $753 million, at a liquidation price of $130,810. Using 12x leverage, it shorted 81,203 ETH, valued at approximately $353 million, at a liquidation price of $4,589.3.