A whale closed short BTC positions 4 consecutive times, losing nearly $300,000.

According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), whale address "0x2117" suffered four consecutive partial BTC short liquidations in the past 24 hours, totaling 97.99 BTC (approximately $6.18 million) liquidated, with a cumulative realized loss of $298,750. Despite multiple liquidations, the trader still holds a 40x short position of 67.98 BTC (approximately $4.26 million), with a current unrealized loss of $179,220, and is only $902 away from the liquidation price, posing extremely high risk.