# Crypto Address Opens 40x Short on 400 Bitcoin Worth $33.13 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27730
Published: 2026-10-08T03:52:27.000Z
Updated: 2026-10-08T03:52:27.000Z
Section: Investing

> The position entered at $83,171.70 and showed a $134,000 unrealized gain as Bitcoin traded at $82,805.71.

A crypto address opened a 40x leveraged short position covering 400 Bitcoin (BTC), with the position valued at $33.13 million at an entry price of $83,171.70.

The position showed an unrealized gain of $134,000 as BTC traded at $82,805.71, down 1.68%.

The short position was opened early Oct. 8.