A whale initiated a large-scale short position on BTC around the $70,000 integer price level, with a stop-loss order set at $70,500.

BlockBeats News, March 26th, according to Hyperinsight monitoring, during a short-term drop in BTC below $70,000, a whale with address starting with 0xe84 opened a 40x leverage long position, with a position size of $2.1 million, an average price of $70,010, and a liquidation price of $71,121. The whale also placed a market price buy order, intending to execute a stop-loss if the price rises to $70,500.