An insider whale was forced to reduce holdings by 166.66 BTC, incurring a loss of $223,000.

According to Jinse Finance, on-chain analyst @ai_9684xtpa monitored that when BTC rebounded to 110,000 in the early hours today, an insider whale was forced to reduce their position by 166.66 BTC, incurring a loss of $223,000. The remaining position is still at an unrealized loss of $1.384 million. BTC 40x short position: holding 1,200 BTC ($131 million), entry price $108,855.4, liquidation price $110,393.4. XRP 20x short position: entry price $2.71, liquidation price $3.04.