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'I Will Ride It Down or to Death': BTC Trader Loses $4.3 Million on $70 Million Short

BenzingaAug 20, 2026, 12:16 PMParshwa Turakhiya

Bitcoin’s record short squeeze wipes out $2.74B in bearish bets as one trader faces a $4.3M loss on a $70M position.

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benzinga
Observed
Aug 20, 2026, 12:16 PM
Checked
Aug 20, 2026, 12:16 PM
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Captured once, then retained as an archive reference
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