A BTC short whale faces repeated stop-loss liquidations, with cumulative losses exceeding $3.69 million

According to on-chain analyst Auntie Ai (@ai_9684xtpa), a whale who initiated a rolling short of $85.58 million worth of BTC on August 19 continues to face pressure. The trader (Trader-DoshiAtoll) saw 240 BTC liquidated yesterday, incurring a loss of $1.112 million; today, they voluntarily reduced their position by another 350 BTC, realizing a loss of $2.581 million and bringing the margin utilization rate down to 101%. Approximately half of the original 40x short position remains open (610.01 BTC), valued at around $45.58 million, carrying an unrealized loss of $4.783 million.