PANews reported on January 12 that, according to HyperInsight, a "whale" known as the "Invincible God of War" is shorting 49.95 BTC with 40x leverage, at an average entry price of $92,081.6, resulting in a floating loss of $6,500.

Previously, the address had completed a total of 152 transactions, with only 4 transactions resulting in a total loss of $5,191.12. The remaining 148 transactions were all closed after realizing profits, with the account's total profit reaching $293,700.