[Whale Increases Short Position on BTC, Facing Unrealized Loss of Nearly $5.8 Million, Liquidation Only 3.7% Away] BlockBeats reports on September 11, citing HyperInsight monitoring, that a whale address '0x5d2f4' has increased its BTC short position by approximately $1.06 million. Currently, this short position is facing an unrealized loss of $5.78 million, with a liquidation price of $118,627.63. If Bitcoin's price continues to rise by about 3.7% to $118,600, this position will face liquidation risk. Previously, this address had repeatedly added to its BTC short positions between August 11 and 15. Additionally, the whale also holds a 25x leveraged ETH short position, which has yet to turn a profit.